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Compute the cash payback period for each project.(Round Nswers to 2 decimal places.) Project Bono ____ years Project Edge ____ years Project Clayton ____ years
Compute the cash payback period for each project.(Round Nswers to 2 decimal places.)
Question 6 U3 Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant dete on each project are as follows. Project Bono $161,600 Project Edge $176,750 Project Clayton $204,000 Capital investment Annual net income: Year 1 18,180 17,170 16,160 12,120 9,090 $72,720 27,270 23,230 21,210 13,130 12,120 96,960 14,140 14,140 14,140 14,140 14,140 $70,700 Total Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital IS 15% the year.) Assume that cash flowe secur evenly throughout Project Bono ____ years
Project Edge ____ years
Project Clayton ____ years
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