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 11 percent. Year 0 1 2 3 4 5 C. Project F -$ 144,000 55,500 54,500 64,500 59,500 54,500 a. Calculate the payback period for both projects. Note: Do not round intermediate calculations and round you answers to 2 decimal places, e.g., 32.16. a. Project F Project G b. Project F Project G Project G -$ 214,000 35,500 50,500 94,500 124,500 139,500 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, if any, should the company accept? years years

Andoulle Spices, Incorporated, has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 11 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, if any, should the company accept