Problem 24-1A Henkel 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. $170,500 $181,500 $208.650 Capital Investment Annual net income: 14,300 14,300 14,300 14,300 19,250 18,150 17,050 12,650 9,350 $75,450 30,250 24,750 23.650 14,850 13.750 $107,250 14.300 $71.500 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 the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provide Compute the cash payback period for each project. (Round answers to 2 decimal places. 10. ) Project Kilo Project Lima Project Oscar Compute the net present value for each project. (Round answers to -45 or parentheses eg (45).) decimal places, s. 125. If the met present value is negative, use alther a negative sin preceding the number og Net present value Compute the annual rate of return for each project. (Hint: Use average annual net income in your computation.) (Round answers to 2 decimal places... 10.50.) Annual rate of return Rank the projects on each of the foregoing bases, which project do you recommend? Project Cash Payback Rate of Return Umes The best project is Click if you would like to Show Work for this question: Open Show Work