10 points 2 0432 eBook Print References its plants in Japan. Nelevant data relating to the equipment follow Purchase cost of the equipment Annual cost savings that will be provided by the equipment Life of the equipment Required: $724,500 115,000 12 years 1a. Compute the payback period for the equipment. 1b. If the company requires a payback period of four years or less, would the 2a. Compute the simple return on the equipment. Use straight-line 2b. Would the equipment be purchased if the company's required rate of Complete this question by entering your answers in the tabs below. equipment be purchased? eciation based on the equipment's useful life is 15%? Req 1A Req 1B Req 2A Req 28 Compute the payback period for the equipment. (Round your answer to 1 decimal place.) Payback Period Years < Req 1A Req 18 Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B If the company requires a payback period of four years or less, would the equipment be purchased? Yes No Req 1A Req 1B Req A Req 2B Compute the simple rate of return on the equipment. Use straight-line depreciation based on the equipment's life. (Round your answer to 1 decimal place 1.e. 0.123 should be considered as 12.3%.) Simple Rate of Return % < Req 1B Req 2B > Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Would the equipment be purchased if the company's required rate of return is 15%? Yes No A