Ex 11-9 i Saved 1 Gonzalez Company is considering two new projects with the Tollowing net...

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Ex 11-9 i Saved 1 Gonzalez Company is considering two new projects with the Tollowing net cas Tows. Ine company's required rate or return on investments is 10%. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Net Cash Flows Year Project 1 Project 2 Initial investment $(60,000) $(59,500) 1. 2. 20,000 35,000 kipped 3. 28,900 18,500 15,000 25,000 eBook Ask a. Compute payback period for each project. Based on payback period, which project is preferred? b. Compute net present value for each project. Based on net present value, which project is preferred? Complete this question by entering your answers in the tabs below. Required A Required B Print eferences Ac raw Compute payback period for each project. Based on payback period, which project is preferred? Note: Cumulative net cash outflows must be entered with a minus sign. Do not round your intermediate calculations. Round your Payback Period answer to 2 decimal places. Year Initial investment Year 1 Year 2 Year 3 Payback period Project 1 Payback period Project 1 Project 2 Net Cash Flows Cumulative Net Cash Flows Net Cash Flows Cumulative Net Cash Flows $ (60,000) $ (59,500) years < Prev 1 of 1 Next Ex 11-9 i Saved 1 Gonzalez Company is considering two new projects with the Tollowing net cas Tows. Ine company's required rate or return on investments is 10%. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Net Cash Flows Year Project 1 Project 2 Initial investment $(60,000) $(59,500) 1. 2. 20,000 35,000 kipped 3. 28,900 18,500 15,000 25,000 eBook Ask a. Compute payback period for each project. Based on payback period, which project is preferred? b. Compute net present value for each project. Based on net present value, which project is preferred? Complete this question by entering your answers in the tabs below. Required A Required B Print eferences Ac raw Compute payback period for each project. Based on payback period, which project is preferred? Note: Cumulative net cash outflows must be entered with a minus sign. Do not round your intermediate calculations. Round your Payback Period answer to 2 decimal places. Year Initial investment Year 1 Year 2 Year 3 Payback period Project 1 Payback period Project 1 Project 2 Net Cash Flows Cumulative Net Cash Flows Net Cash Flows Cumulative Net Cash Flows $ (60,000) $ (59,500) years < Prev 1 of 1 Next