There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $35,000 and is expected to generate the following cash flows: The discount rate is 12%, Year 1 Alpha Project $32,000 Beta Project Year 2 Year 3 Total $22,500 $5,000 $59,500 7,500 23,500 28,000 59,000 Find the answer calculating the average rate of return method, the payback period method, the net present value method, and the internal rate of return method.

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There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $35,000 and is expected to generate the following cash flows: The discount rate is 12%, Find the answer calculating the average rate of return method, the payback period method, the net present value method, and the internal rate of return method