Problem 25-01A (Part Level Submission) UJ Company is considering three long-term capital investment proposals. Each investment has a useful We of 5 years. Relevant data on each project are as follows Project Bono 5161,600 Project Edge 5176,750 Project Clayton $204,000 Capital westment Antualnet income: 14,140 14,140 14,100 14,140 14,140 $70,700 18,100 17,170 16,160 12,120 9.090 $72.720 27,270 23,230 21,210 13,130 12.120 $96.960 Total Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur avenly throughout the year) Click here to view the factor table Your wwer is correct Compute the cash payback period for each project. (Round an Pre Bono Proiect de (1) Your answer is correct negativ on preceding the number eg -45 Compute the set present value for each project. (Round answers to decimal places, eg. 125. If the set prevent value parentheses eg (45). For calculation purposes, use decimal places as displayed in the factor tabe provided) Project Bono Project Edge Project Clayton et present value -585836 -7385. 19 1 525.01 Click if you would like to show Work for this question Open Show Attempt 2 of Sused (6) your answer is correct Compute the w ar of retum for each project. in: Use average annual net income in your computation (Round answers to 2 decimal places Project Bono Proxect Edge Project Clayton 10.50%) Berunt rate of return 27. 0 1 6 19.01 (d) Rank the projects on each of the foregoing bases. Which project do you recommend? Cash Payback Net Annual Present Value Rate of Return Project Bono Edge Clayton The best project is