The case payback period for Project Nuts is?

A.) 13.3 Years

B.) 6.7 Years

C.) 5.0 Years

D.) 4.1 years

Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below Initial investment Annual net income Net annual cash inflow Estimated useful life Salvage value Project Soup $400,000 30,000 110,000 5 years 0. Project Nuts $600,000 46,000 146,000 6 years The company requires a 10% rate of return on all new investments. Present Value of an Annuity of 1 10% 3.791 4.355 Periods 9% 3.890 4.486 11% 3.696 4.231 12% 3.605