CAN YOU PLEASE ANSWER PART A AND C?!

(Payback and discounted payback period calculations) The Bar-None Manufacturing Co. manufactures fence panels used in cattle feed lots throughout the Midwest. Bar-None's management is considering three investment projects for next year but doesn't want to make any investment that requires more than three years to recover the firm's initial investment. The cash flows for the three projects (Project A, Project B, and Project C) are as follows: 93 a. Given Bar-None's three-year payback period, which of the projects will qualify for acceptance? b. Rank the three projects using their payback period. Which project looks the best using this criterion? Do you agree with this ranking? Why or why not? c. If Bar-None uses a discount rate of 9.7 percent to analyze projects, what is the discounted payback period for each of the three projects? If the firm still maintains its three-year payback policy for the discounted payback, which projects should the firm undertake? Project A $(1,050) 700 350 190 Project B $(10,500) 4,000 3,500 3,500 3,500 3,500 Project C $(5,500) 800 800 4,000 4,000 4,000 60 450 a. Given the cash flow information in the table, the payback period of Project Ais years. (Round to two decimal places.) If the firm requires a 3-year payback before an investment can be accepted, the firm should accept Project A because its payback period is less than or equal to the maximum acceptable payback period. (Select from the drop-down menus.) The payback period of Project Bis years. (Round to two decimal places.) If the firm requires a 3-year payback before an investment can be accepted, the firm should accept Project B because its payback period is less than or equal to the maximum acceptable payback period. (Select from the drop-down menus.) The payback period of Project C is years. (Round to two decimal places.) Project C because its payback period is greater than the maximum acceptable payback period. (Select from the If the firm requires a 3-year payback before an investment can be accepted, the firm should reject drop-down menus.) c. Given the cash flow information in the table and the discount rate of 10.4%, the discounted payback period of Project Ais years. (Round to two decimal places.) Project A because its discounted payback period is greater than the maximum acceptable payback period. (Select from If the firm requires a 3-year payback before an investment can be accepted, the firm should reject the drop-down menus.) The discounted payback period of Project B is years. (Round to two decimal places.) If the firm requires a 3-year payback before an investment can be accepted, the firm should accept Project B because its discounted payback period is less than or equal to the maximum acceptable payback period. (Select from the drop-down menus.) The discounted payback period of Project C is years. (Round to two decimal places.) Project C because its discounted payback period is greater than the maximum acceptable payback period. (Select from If the firm requires a 3-year payback before an investment can be accepted, the firm should reject the drop-down menus.)