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please help Larkspur Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts Initial investment $410000 $564000

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Larkspur Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts Initial investment $410000 $564000 Annual net income 30000 46000 Net annual cash inflow 110000 146000 Estimated useful life 5 years 6 years Salvage value 0 The company requires a 10% rate of return on all new investments. Present Value of an Annuity of 1 9% 10% 11% 12% Periods 5 3.89 3.791 3.696 3.605 6 4,486 4.355 4.231 4.111 The cash payback period for Project Nuts is O 3.86 years. O 13.67 years. 05.13 years O 6.41 years

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