Complete part B Pina Colada Manufacturing Company is considering...

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Accounting

Complete part B
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Pina Colada Manufacturing Company is considering three new projects, each requiring an equipment investment of $25,600. Each project will last for 3 years and produce the following cash flows. The salvage value for each of the projects is zera. Pina Colada uses straight-line depreciation. Pina Colada will not accept any project witha payback period over 2.2 years. Pina Colada's minimum required rate of return is 12%. Click here to view PV tables. (a) Your answer has been saved. See score details after the due date. Compute each project's payback period. (Round answers to 2 decimal places, eg. 52.75) Indicating the most desirable project and the least desirable project using this method. Most desirable Least desirable Compute the net present value of each project. (Use the above table.) (Round factor values to 5 decimal places, eg. 1.25124 and final answers to 0 decimal places, e.s. 5,275.) Indicating the most desirable project and the least desirable project using this method. Most desirable Least desirable

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