Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $25,740. Each project will last for 3 years and produce the following net annual cash flows. Year 1 2 (a) 3 A AA $8,190 10,530 14,040 BB $11,700 $15,210 11,700 11,700 Total $32,760 $35,100 CC 14,040 12,870 $42,120 The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12%. Click here to view the factor table. Compute each project's payback period. (Round answers to 2 decimal places, e.g. 15.25.)

Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $25,/40. Each project will last for 3 years and produce the following net annual cash flows. The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12%. Click here to view the factor table. (a) Compute each project's payback period. (Round answers to 2 decimal ploces, es. 15.25.) Compute each project's payback period. (Round answers to 2 decimal ploces es 15.25.) AA years BB years CC Which is the most desirable project? The most desirable prolect based on payback period is Compute the net present value of each proyect. (Enter negotive amounts usins elther a negative sben precedirg the number es. 45 or parentheses es. (45). Round final answers to the neorest whole dollar, es. 5.275. For colailation purposes, use 5 decimal ploces as dlsplojed in the factor table prowided) AA BB CC Which is the most desirable project based on net present value? The most desirable project based on net present value is Which is the least desirable project based on net present value? The least desirable prolect based on net present value is Doug's Custom Construction Company is considering three new projects, each requiring an equipment investment of $25,/40. Each project will last for 3 years and produce the following net annual cash flows. The equipment's salvage value is zero, and Doug uses straight-line depreciation. Doug will not accept any project with a cash payback period over 2 years. Doug's required rate of return is 12%. Click here to view the factor table. (a) Compute each project's payback period. (Round answers to 2 decimal ploces, es. 15.25.) Compute each project's payback period. (Round answers to 2 decimal ploces es 15.25.) AA years BB years CC Which is the most desirable project? The most desirable prolect based on payback period is Compute the net present value of each proyect. (Enter negotive amounts usins elther a negative sben precedirg the number es. 45 or parentheses es. (45). Round final answers to the neorest whole dollar, es. 5.275. For colailation purposes, use 5 decimal ploces as dlsplojed in the factor table prowided) AA BB CC Which is the most desirable project based on net present value? The most desirable project based on net present value is Which is the least desirable project based on net present value? The least desirable prolect based on net present value is