Referencing Styles : APA Question 7: If the payback period is two years, which application should be selected?Question 8: If the required rate of return is 15 percent, which application should be selected?Question 9: If the selection criterion is IRR, which application should be selected?Respond to the questions 7, 8, and 9 above by submitting a single, integrated report that shows your supporting data and calculations. Finally, provide a recommendation and rationale for purchasing either Application I Submi … View More Question 7: If the payback period is two years, which application should be selected? Question 8: If the required rate of return is 15 percent, which application should be selected? Question 9: If the selection criterion is IRR, which application should be selected? Respond to the questions 7, 8, and 9 above by submitting a single, integrated report that shows your supporting data and calculations. Finally, provide a recommendation and rationale for purchasing either Application I Submit your Basic Capital Budget Analysis Report and Calculations. Be sure to show your calculations in Excel and provide a narrative analysis in PowerPoint. Your narrative analysis should include your recommendation and rationale for purchasing. Step 3: Capital Budgeting-Decide Which Projects to Complete Another one of your responsibilities as CFO is to determine the suitability of new and current products. Your CEO has asked you to evaluate Android01. That task will require you to combine data from your production analysis from Project 2 with data from a consultant’s study that was done last year. Information provided by the consultant is as follows: • initial investment: $120 million composed of $50 million for the plant and $70 million net working capital (NWC) • yearly expenses from year 1 to year 3: $30 million Read Less