MESSAGE MY INSTRUCTOR ENT RESOURCES Problem 12-1A (Part Level Submission) 12 Homework U se 12-1 ise 12:2 FULL SCREEN PRT U3 Company is considering three long-term capital investment proposals. Each investment has a useful tal investment proposals. Each investment has a useful ife of 5 years. Relevant data on eadh proj Capital investment Annual net income: Year 1 $171,200 $187,250 $208,000 se 12-5 14,980 14,980 14,980 14,980 14,980 $74,900 19,260 18,190 17,120 12,840 9,630 $77,040 28,890 24,610 22,470 13,910 12.840 $102,720 em 12-4A (Part lem 12-1A (Pa Total Score Deprecation is computed by the straight-line method with no salvage value. The company Results by Obiestive cost of capital is 15%. (Assume that cash flows occur en (a) Your answer is correct. Compute the cash payback period for each project. (Round answers to 2 decimal places. o 1o.50) Project Bono Project Edge 3.48 years 3.40 years All Rights Reserved. A Division of 1abn Holey &In Ask me anything