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Business, 13.08.2019 02:20 avagracesmith5

Larkspur company is considering two capital investment proposals. estimates regarding each project are provided below: project soup project nuts initial investment $4 $6 annual net income 24000 4 net annual cash inflow 102000 125000 estimated useful life 5 years 6 years salvage value 0 0 the company requires a 10% rate of return on all new investments. present value of an annuity of 1 periods 9% 10% 11% 12% 5 3.89 3.791 3.696 3.605 6 4.486 4.355 4.231 4.111 the annual rate of return for project soup is

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