Project A Project & CHINA initial investment 15m 25% less than uk Revenue 6m per annual 10% less than uk operating cost 1. 2m per annual 50% less than ute Residual Value um um Project length bys Syrs 0 Calculate Payback and Average return for each project and make a recommendation to the board on which project to pick What impact would a 35% increase in the investment cast make in your decision