Cash Payback Period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: Retail Store Expansion 500,000 400,000 350,000 250,000 200,000 $1,700,000 Year Plant Expansion $ 450,000 450,000 340,000 280,000 180,000 $1,700,000 Total Each project requires an investment of $900,000. A rate of 15% has been selected for the net present value analysis