1st Dropdown box (Lockwood) either - "Should not" or "Should"

2nd Dropdown box either - "Less" or "More"

Lockwood Company is considering a capital investment in machinery: (Click the icon to view the data.) 8. Calculate the payback 9. Calculate the ARR. Round the percentage to two decimal places. 10. Based on your answers to the above questions, should Lockwood invest in the machinery? 8. Calculate the payback. Payback years 9. Calculate the ARR. Round the percentage to two decimal places. Data Table ARR Initial investment 10. Based on your answers to the above questions, should Lockwood invest in the machinery? Lockwood V invest in the machinery. The expected ARR is than the company's required rate of return. Residual value Expected annual net cash inflows Expected useful life 600,000 50,000 100,000 8 years 12% Required rate of return Print Done