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Cash Payback Period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project

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Cash Payback Period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: Year Plant Expansion Retail Store Expansion $107,000 87,000 75,000 68,000 22,000 $359,000 $89,000 105,000 72,000 50,000 43,000 $359,000 4 Total Each project requires an investment of $194,000. A rate of 10% has been selected for the net present value analysis

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