Military Jargon Industries Inc. is considering allocating a limited amount of capital investment funds among four proposals. The amount of proposed investment, estimated income from operations, and net cash flow for each proposal are as follows: Project Name Bravo Tango Uniform Victor Investment $880,008 Investment $2,770,865 Investment $1,566,680 Investment $918,346 Income from Net Cash Flows Income from Net cash Year Net Cash Flows Income from Operations Net Cash Flows Income from Operations Flows Operations Operations $96.000 96,500 $240,000 $294,500 $950,000 $176,000 $400.000 $100.000 380,000 2 240,000 950.000 176,000 400,000 100.000 380.000 294,775 295,050 97,000 240,000 950,000 176,000 400.000 108,000 280,000 4 97.500 240,000 295,325 950,000 176,000 400,000 100,000 $ 98.000 180.000 350.000 240,000 295,600 950,000 276.000 400,000 108,000 Total $495.000 $1,200,000 $1,475,250 $4,750,000 $800,000 $2,000,000 $540,000 $1.900.000 Present Value of $1 at Compound Interest Year 6% 1046 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.590 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0,683 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0.402 6 0.705 0.564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 8 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 The company's capital rationing policy requires a maximum cash payback beriod of three years. In addition, a minimum average rate of return of 20% is required on all projects. If the preceding standards are met the net present value method and present your indexes are used to rank the remaining proposals. Required: the cash payback period for each of the four proposals. Assume that net cash flows are uniform throughout the sea Proposal Proposal Victor 2 years 5 months 2. Giving effect to straight-line depreciation on the investments and assuming no estimated residual value, compute the average rate of return for each of the four proposals. Round to one decimal place. Average Rate of Return Proposal Bravo Proposal Tango Proposal Uniform Proposal Victor 9 3. Using the results from parts (1) and (2) determine which proposals should be accepted for further analysis and which should be rejected. Accept/Reject Proposal Bravo Relect Proposal Tango Accept for further analysis Reject Accept for further analysis Proposal Uniform Proposal Victor 1. For the proposals accepted for further analysis in part (3), compute the net present value. Use a rate of 12% and the present value of $1 table above. If requires