Question 13 of 19

Question 13 of 19 View Policies Current Attempt in Progress The Three Stages partnership is considering three long-term capital investment proposals. Each investment has useful life of five years. Relevant data on each project are as follows: Capital investment: Annual net income: Year I Total Project Main $160,500 $13,910 13,910 13,910 13,910 13,910 $69,550 P r oject Odyssey 31715200 319260 18,190 17,120 12E40 9630 377,040 Project D $214,000 328890 23540 22,470 13,910 12,840 $101,650 Depreciation is calculated by the straight-line method and there is na salvage value. The companVs cost of capital is 15K (Use average net annual cash flows in your calculations.) Calculate the cash payback period for each project. (Round answers to 2 decirnal places, e.g. 15.25.) Payback period Project Main Project Odyssey Project Duo Save for Leter Attempts: O of I used The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above.