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Coffer co. is analyzing two projects for the future. assume that only one project can be selected.

If the company is using the payback period method and it requires a payback of three years or less, which project whould be selected

Aproject y

b.project x

Cboth x nad y are axeptable projects
Dneither x nor y is an acceptable project
Eproject y because it has a lower initial investment

Verified Answer :

The best and most correct answer among the choices provided by your question is the second choice.

Project x should be used if the company is using the payback period method and it requires a payback of three years or less.

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Answer:

b.project x

Explanation:

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