** NOICE PARTS A B AND C. THIS IS A PART LEVEL, I JUST DO NOT HAVE THE SCREENSHOT OF ALL PARTS *****

U3 Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows.

		Project Bono		Project Edge		Project Clayton
Capital investment		$171,200		$187,250		$206,000
Annual net income:
Year 1		14,980		19,260		28,890
2		14,980		18,190		24,610
3		14,980		17,120		22,470
4		14,980		12,840		13,910
5		14,980		9,630		12,840
Total		$74,900		$77,040		$102,720

Depreciation is computed by the straight-line method with no salvage value. The companys cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.)

Click here to view PV table.

IE

(a) Compute the cash payback period for each project. (b) Compute the net present value for each project. (c) Compute the annual rate of return for each prject. (Hint: Use average annual net income in your computation).

Problem 24-1A (Part Level Submission) U3 Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Project Edge Project Clayton Project Bono $171,200 $187,250 Capital investment $206,000 Annual net income: Year 1 14,980 19,260 28,890 14,980 18,190 24,610 17,120 22,470 14,980 14,980 13,910 12,840 12,840 14,980 9,630 $74,900 $77,040 $102,720 Total Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) Click here to view PV table w (a) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) Project Bono years Project Edge years Project Clayton years click if you would like to show work for this question Open Show Work