X-treme Vitamin Company is considering two investments, both of which cost $50,000. The cash flows are...

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X-treme Vitamin Company is considering two investments, both of which cost $50,000. The cash flows are as follows: Year Project A $ 54,898 Project $ 50,000 2 30,000 20,000 Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. 6-1. Calculate the payback period for Project A and Project B. Note: Round your answers to 2 decimal places. Project A Project B Payback Period e-2. Which of the two projects should be chosen based on the payback method? Project A Project B b-1. Calculate the net present value for Project A and Project B. Assume a cost of capital of 7 percent. Note: Do not round intermediate calculations and round your final answers to 2 decimal places. Net Present Value Project A Project B < Prev 3 of 24 Next > X-treme Vitamin Company is considering two investments, both of which cost $50,000. The cash flows are as follows: Year Project A $ 54,898 Project $ 50,000 2 30,000 20,000 Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. 6-1. Calculate the payback period for Project A and Project B. Note: Round your answers to 2 decimal places. Project A Project B Payback Period e-2. Which of the two projects should be chosen based on the payback method? Project A Project B b-1. Calculate the net present value for Project A and Project B. Assume a cost of capital of 7 percent. Note: Do not round intermediate calculations and round your final answers to 2 decimal places. Net Present Value Project A Project B < Prev 3 of 24 Next >