6. flounder manufacturing company...

Flounder Manufacturing Company is considering three new projects, each requiring an equipment investment of $23,800. Each project will last for 3 years and produce the following cash flows. The salvage value for each of the projects is zero. Flounder uses straight-line depreciation. Flounder will not accept any project with a payback period over 2.2 years. Flounder's minimum required rate of return is 12%. Click here to view PV tables. Compute the net present value of each project. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.8.5,275.) Indicating the most desirable project and the least desirable project using this method. Your answer is correct. Compute each project's payback period. (Round answers to 2 decimal places, e.g. 52.75.) Indicating the most desirable project and the least desirable project using this method. Most desirable