Write a 2 page essay on Unit 4 indiviual project.Why? Assume Superior has a P/B (payback) policy of not accepting projects with life of over three years.  The project acceptable since the payback p

Write a 2 page essay on Unit 4 indiviual project.

Why? Assume Superior has a P/B (payback) policy of not accepting projects with life of over three years.  The project acceptable since the payback period is within the three year span. In other words, the project is feasible to do since the capital can be immediately returned within three years.

If the project required additional investment in land and building,

how would this affect your decision? Explain.  If there is an additional investment in land and building, the company should think twice whether or not to accept the project since capital may not be returned within a span of three years (given that the accumulated cash flow is only