Exercise 11-9 (Algo) Payback period; net present value; unequal cash flows LO P1, P3 Gonzalez Company is considering two new projects with the following net cash flows. The company's required rate of retuin on investments is 10% (PV ofs). EV of \$1. PVA of S1. and EVA of Si) (Use oppropriote factor(s) from the tables provided.) a. Compute payback period tor each project. Based on paybock period, which profect is preferred? b. Compute net present value for each project. Based on net present value, which project is preferred? Complete this question by entering your answers in the tabs below. Compute payback peiliod for aach project. Based on payback period, which project is preferred? (Cumulative net cash outflowe must be entered with a minus ilgn. Do not lovnd your intermedate calculations, Round yout Payback period anumer Complete this question by entering your answers in the tabs below. Compute payback period for each project. Based on payback period, which project is preferred? (Cumulative net cash outflows must be entered with a minus sign. Do not round your intermediate calculations. Round your Payback Period answer to 2 decimal places.) Compute net present value for each project. Based on net present value, which project is preferred? (Round your present value factor to 4 decimals. Round your final answers to the nearest whole dollare Exercise 11-9 (Algo) Payback period; net present value; unequal cash flows LO P1, P3 Gonzalez Company is considering two new projects with the following net cash flows. The company's required rate of retuin on investments is 10% (PV ofs). EV of \$1. PVA of S1. and EVA of Si) (Use oppropriote factor(s) from the tables provided.) a. Compute payback period tor each project. Based on paybock period, which profect is preferred? b. Compute net present value for each project. Based on net present value, which project is preferred? Complete this question by entering your answers in the tabs below. Compute payback peiliod for aach project. Based on payback period, which project is preferred? (Cumulative net cash outflowe must be entered with a minus ilgn. Do not lovnd your intermedate calculations, Round yout Payback period anumer Complete this question by entering your answers in the tabs below. Compute payback period for each project. Based on payback period, which project is preferred? (Cumulative net cash outflows must be entered with a minus sign. Do not round your intermediate calculations. Round your Payback Period answer to 2 decimal places.) Compute net present value for each project. Based on net present value, which project is preferred? (Round your present value factor to 4 decimals. Round your final answers to the nearest whole dollare