12. The after-tax cash flows for a new chemical process are shown in Table P10.12. Using these data, calculate the following: a. Payback period (PBP) b. Cumulative cash position (CCP) and cumulative cash ratio (CCR) c. Rate of return on investment (ROROI) d. Discounted payback period (DPBP) e. Net present value (NPV) f. Discounted cash flow rate of return (DCFROR) Table P10.12. Nondiscounted Cash Flow Calculations for Problem 10.12 (All Figures Are in $Millions) Capital Depreciation Revenue Total Net Profit After-Tax Cash Flow End of Year Investment Allowance from Sales Annual Costs Net Profit Income Tax after Tax 0 (10)*** (10) 1 (25) (25) 2 (20) (20) 3 (15+20)+ (35) 4 8.57 60 50 10 3.80 6.20 5 8.57 120 92 28 10.64 17.36 6 8.57 120 47 27.74 45.26 7 8.57 120 50 26.80 43.40 8 8.57 120 60 22.80 37.20 9 8.57 120 51 26.22 42.78 10 120 40 30.40 49.60 11 120 40 30.40 49.60 12 120 40 30.40 49.60 13 50 120 40 30.40 49.60 *Numbers in () represent negative values. "Land cost = 0. 'Plant started up at end of year 3. Working capital = 50. Use a 10% discount rate for Parts (d) and (e). 73 70 60 69 80 80 80 80 14.77 25.93 53.83 51.97 45.77 51.35 58.17 49.60 49.60 49.60