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9 years Schmin, Inc. was evaluating the possible investments in deprecatlo plant assets. The company uses the straight-line method of depreciation. The following information in

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9 years Schmin, Inc. was evaluating the possible investments in deprecatlo plant assets. The company uses the straight-line method of depreciation. The following information in waithe Investment A Investment B Investment Initial capital investment $385.000 $320,000 $310.000 Estimated useful life 3 years 10 years Estimated residual value $20,000 $20.000 $35.000 Estimated annual net cash flow for each year $55 000 549.000 $81,000 Required rate of rotum 12% 12% Rank the projects as to order of preference I based on the best payback period. 12% , OB. ABC . . D. C.B.A

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