Evaluate and rank each investment alternative using NPV, IRR, and payback, using the CFO-provided WACC as the discount/hurdle rate. You should include calculations for each alternative.

Prepare a five year profit and loss statement forecast that incorporates the effect of your recommended investment alternative choice (ie, use the existing forecast and modify it for the effects of the investment). Use a 10 year depreciable life for any new fixed assets. Use 25% for the income tax rate (ignore other taxes) and be sure to incorporate any interest costs as a result of your alternative choice.

10% 2yr, 3mo Discount Payback Period Year Cashflow 4 5 1 2 3 -793,000 342,000 375,000 0.909 0.826 0.751 -720837 282492 281625 412,000 451,000 0.683 0.621 281396 280071 PV NPV $404,747 33% IRR 10% 2yr, 3mo Discount Payback Period Year Cashflow 4 5 1 2 3 -793,000 342,000 375,000 0.909 0.826 0.751 -720837 282492 281625 412,000 451,000 0.683 0.621 281396 280071 PV NPV $404,747 33% IRR