Question: Crane's Custom Construction Compary is considering three new projects, each requiring an equipment imvestment of $27,280. Each project will last for 3 years and produce


Crane's Custom Construction Compary is considering three new projects, each requiring an equipment imvestment of $27,280. Each project will last for 3 years and produce the following net annual cash flows. The equipment's silvage value is zero, and Crane uses straight-line depreciation, Crane will not accept any project witha cash paybuck period over 2 years, Crane's required rate ot return is 12%. Click here to view PV table. Compute each project's payback period. (Round answers to 2 decimal places, eg. 15.25.) AA years BB years CC years Which is the most desirable project? The most desirable project based on payback period is Which is the least desirable project? Compute the net present value of each project. (Enter negative omounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45). Round final answers to the nearest whole dollar, eg. 5,275. For calculation purposes, use 5 decimal ploces as displayed in the factor table provided.) AA BB CE Which is the most desirable project based on net present value? The most desirable project based on net present value is Which is the least desirable project based on net present value? The least desirable project based on net present value is
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