it's the same problem

Plasticon manufactures plastic containers used to package a variety of liquid consumer products (such as fabric softener, cleaners, and shampoo, hair spray, and liquid soap). The containers are manufactured on a job-order basis to customer specifications Plasticon has received five proposals for capital investment projects. The company's cost of capital and minimum expected rate of return is 15%. Your job is to evaluate these proposals and rank them in the order in which they should be funded. Begin your analysis by computing the simple rate of return and the payback period for each proposal. Any project that has a simple rate of return of less than 7.5% or a payback period of longer than 5 years should be eliminated from further consideration. After this initial screening, compute the net present value (using a 15% discount rate) and internal rate of return for the remaining projects. Rank the projects, based on both their profitability and overall merit to the corporation (qualitative factors). Projects: B D E $400,000 Cost Life (in years) Residual value Annual project income Annual net cash flows $200,000 8 SO $17,000 $42,000 $250,000 10 SO $18,000 $43.000 $325,000 10 SO $33,000 565,500 $500,000 10 $0 $55,000 $105,000 SO $45,000 $95,000 Project A: Thiis proposal requests funds to purchase hardware and software that will allow the Accounting Department to process payroll in-house. Payroll is currently processed by an outside service company. The annual increase in net income and cash flows will result from cost savings if the payroll function is not longer contracted to an outside company. Project B: This proposal requests funds for new manufacturing equipment. This equipment will allow Plasticon to make containers as large as ten gallons. Currently, Plasticon cannot make containers that are larger than three gallons. Project C: This proposal requests funds for equipment to make stick-on labels that are applied to the plastic containers. Currently, all stick-on labels are ordered from another company. This supplier has not proven very reliable in meeting delivery deadlines, Project A: Thiis proposal requests funds to purchase hardware and software that will allow the Accounting Department to process payroll in-house. Payroll is currently processed by an outside service company. The annual increase in net income and cash flows will result from cost savings if the payroll function is not longer contracted to an outside company. Project B: This proposal requests funds for new manufacturing equipment. This equipment will allow Plasticon to make containers as large as ten gallons. Currently, Plasticon cannot make containers that are larger than three gallons. Project C: This proposal requests funds for equipment to make stick-on labels that are applied to the plastic containers. Currently, all stick-on labels are ordered from another company. This supplier has not proven very reliable in meeting delivery deadlines. Project D: This proposal requests funds for automated manufacturing equipment that will reduce the cycle time from receipt of a customer order to delivery of that order. Plasticon's cycle time is currently 7 days. The automated equipment will reduce that time to 4 days, while saving costs due to the elimination of five jobs. It will also make Plasticon more competitive; the company's major competitor currently has a cycle time of 5 days. Project E: This proposal requests funds for computerized drafting and design equipment that will allow engineers to complete manufacturing instructions on special orders more quickly, This equipment should reduce Plasticon's cycle time from 7 to 5 days