Proposals l and k each cost $600,000, have 6-year lives, and have expected total cash flows of $720,000. proposal l is expected to provide equal annual net cash flows of $170,000, while the net cash flows for proposal k are as follows: year 1 $250,000 year 2 200,000 year 3 100,000 year 4 50,000 year 5 100,000 year 6 20,000 $720,000 determine the cash payback period for each proposal. round your answers to two decimal places. proposal l years proposal k years

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap