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Rozzis Construction is analyzing its capital expenditure proposals for the purchase of equipment in the coming year. The capital budget is limited to $5,000,000 for

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Rozzis Construction is analyzing its capital expenditure proposals for the purchase of equipment in the coming year. The capital budget is limited to $5,000,000 for the year. Lori Bobo, staff analyst at Rozzis, is preparing an analysis of the three projects under consideration by Calvin Rozzis, the company's owner. E: (Click the icon to view the data for the three projects.) 2 (Click the icon to view the Future Value of $1 factors.) 2 (Click the icon to view the Future Value of Annuity of $1 factors.) (Click the icon to view the Present Value of $1 factors.) (Click the icon to view the Present Value of Annuity of $1 factors.) Read the requirements Requirement 1. Because the company's cash is limited, Rozzis thinks the payback method should be used to choose between the capital budgeting projects. Calculate the payback period for each of the three projects. Ignore income taxes. (Round your answers to two decimal places.) years Project A Project B Project C years years Using the payback method, which project(s) should Rozzis choose? Rozzis Construction is analyzing its capital expenditure proposals for the purchase of equipment in the coming year. The capital budget is limited to $5,000,000 for the year. Lori Bobo, staff analyst at Rozzis, is preparing an analysis of the three projects under consideration by Calvin Rozzis, the company's owner. E: (Click the icon to view the data for the three projects.) 2 (Click the icon to view the Future Value of $1 factors.) 2 (Click the icon to view the Future Value of Annuity of $1 factors.) (Click the icon to view the Present Value of $1 factors.) (Click the icon to view the Present Value of Annuity of $1 factors.) Read the requirements Requirement 1. Because the company's cash is limited, Rozzis thinks the payback method should be used to choose between the capital budgeting projects. Calculate the payback period for each of the three projects. Ignore income taxes. (Round your answers to two decimal places.) years Project A Project B Project C years years Using the payback method, which project(s) should Rozzis choose

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