Ueker Company is considering three capital expenditure projects. Relevant data for the projects are as follows.

Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Ueker Company uses the straight-line method of depreciation.

A) Determine the internal rate of return for each project.

B) If Ueker Companys required rate of return is 11%, which projects are acceptable?

Ueker Company is considering three capital expenditure projects. Relevant data for the projects are as follows. roject Investment Annual Life of Income 22A 23A 24A Project $242,990 $16,940 6 years 274,76020,870 9 years 280,690 18,140 7 years Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Ueker Company uses the straight-line method of depreciation. (Refer the below table)