Bock Construction Company is considering four proposals for the construction of new loading facilities that will include

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Bock Construction Company is considering four proposals for the construction of new loading facilities that will include the latest in ship loading/unloading equipment. After careful analysis, the company's accountant has developed the following information about the four proposals:
Proposal 1 4 years Proposal 2 4.5 years Proposal 3 6 years Proposal 4 7 years $308,000 13% Payback period Net present va

Required:
How can this information be used in the decision-making process for the new loading facilities? Does it cause any confusion?

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