1. What is the cash payback period for Commerce? Round your final answer to two decimal places.

2. Which project has a better cash payback period?

a. Commerce

b. Sawdust

3. What is the net present value (NPV) for Sawdust? Round your final answer to the nearest whole dollar.

4. Which project has a better NPV?

a. Commerce

b. Sawdust

The Kweller Company is considering two different capital investment projects with the following cash flows Year 0 Year 1 Year 2 Year 3 Year 4 Commerce (20,000) 8,000 6,000 4,000 3,000 Sawdust (18,000) 4,000 8,000 6,000 3,000 As needed, the company uses a 4% interest rate for capital investment decisions