Andouille Spices, Incorporated, has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 10 percent. Year 0 1 2 3 4 5 Project F -$ 215,000 104,800 92,300 87,600 78,000 70,800 Project G -$ 318,000 74,600 96,500 a. Project F Project G b. Project F Project G c. Project acceptance 125,600 168,800 189, 200 a. Calculate the payback period for both projects. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Calculate the NPV for both projects. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Which project should the company accept? years years

Andouille Spices, Incorporated, has the following mutually exclusive projects avallable. The company has historically used a three year cutoff for projects. The required retum is 10 percent. a. Calculate the payback period for both projects Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., 32.16. b. Calculate the NPV for both projects. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., 32.16 . c. Which project should the company accept