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Compute the payback period statistic for project a and recommend rather The Firm should accept or reject the project with the cash flows shown in the chart for the maximum allowable payback is 4 years. year zero the cash flow is -1000, year number one the cash flow is $350 year number two the cash flow is $480 year number 3 the cash flow is $520, year number four the cash flow is $300 and year number 5 the cash flow is $100. if the discounted payback period were computed identify if it would be less than equal to or greater than the non discounted payback period.

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