PharoahCompany is considering two capital investment proposals. Estimates regarding each project are provided below: O...

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PharoahCompany is considering two capital investment proposals. Estimates regarding each project are provided below: O 01:39:23 Project Soup Project Nuts $370000 Initial investment $700000 Annual net income 30000 46000 Net annual cash inflow 110000 146000 Estimated useful life 5 years 6 years Salvage value 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 3.6963.605 4.486 4.355 4.231 4.111 6 The cash payback period for Project Nuts is 4.63 years 7.34 years. 4.79 years. 12.33 years

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