2 Gonzalez Company is considering two new projects with the following net cash flows. The company required to return on investments is 10% PV of S1.EV 51. EVA and EVA (Ute appropriate factor(s) from the tables provided) w year Pre E Initis invest 338,000) ${2,000 35. 2 3,400 20.000 19.500 36.00 a. Compute payback period for each project Based on payback period, which project is preferred b. Compute net present value for each project Based on net present volo which project is preferred? etc P Complete this question by entering your answers in the tabs below Required A Required Compute payback period for each project. Based on payback period, which project is preferred? (Cumulative net caur outflows must be entered with a minusugn. Do not round your intermediate calculation Round your Payback period answer to 2 decimal places) Project 1 Project 2 Year Cumulative Net Net Cash Cumulative Net Cash Flows Net Cash Cash Flows Flows Flows Initial investments (38.000 5 82000) 11 Nyt > Gonzalez Company is considering two new projects with the following net cash flows. The company's required rate of return on investments is 10%. (PV of $1. FV of 1. PVA OLS1, and EVA $11 (Use oppropriate factor(s) from the tobles provided.) Net Cash Flows Year Project 1 Project 2 Initial investment $(38,000) $(82,000) 9,500 35,000 20,000 15,500 36,000 a. Compute payback period for each project. Based on payback period, which project is preferred? b. Compute net present value for each project. Based on net present value, which project is preferred? 1. 25,400 3. Complete this question by entering your answers in the tabs below. Required A Required B Compute payback period for each project. Based on payback period, which project is preferred? (Cumulative net cash outflows must be entered with a minus sign. Do not round your intermediate calculations. Round your Payback period answer to 2 decimal places) Project 1 Project 2 Cumulative Year Cumulative Net Net Cash Net Cash Flows Net Cash Cash Flows Flows Flows mant mail