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cruise lines. The initial cost of Project Fish'n for Chips will be $,, with expected cash inflows of $, per quarter. Project Picnic's payback period is six months. Which project should you recommend?
A. ProjectFish'n for Chips, because the costs on Project Picnic are unknown.
B. Project Picnic, because ProjectFish'n for Chips' payback period is two months longer than Project Picnic's.
C. Project Picnic, because ProjectFish'n for Chips' payback period is four months longer than Project Picnic's.
D. ProjectFish'n for Chips, because its payback period is two months shorter than Project Picnic's.
Thanks for the Invitation my answer is
B. Project Picnic, because ProjectFish'n for Chips' payback period is two months longer than Project Picnic's.
Thank you for invitation. I seem option B. ProjectFish'n for Chips, because the costs on Project Picnic are unknown.
Thank you for the invitation
I agree with answer B
You are talking about Mutually Exclusive projects but I am sorry to say that the question & options do not seem to be clear.
I can not answer the question. Because the amount of payback period does not show in the question.