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2.) please help with both parts of the question. Exercise 24-2 (Algo) Payback period, equal cash flows, and depreciation adjustment LO P1 Quary Company is
2.) please help with both parts of the question.
Exercise 24-2 (Algo) Payback period, equal cash flows, and depreciation adjustment LO P1 Quary Company is considering an investment in machinery with the following information. Initial investment Useful life Salvage value Expected sales per year $ 272,000 9 years $ 20,000 13,600 units Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Selling price per unit $ 61,200 28,000 6,800 $ 10 (a) Compute the investment's annual income and annual net cash flow. (b) Compute the investment's payback period. Complete this question by entering your answers in the tabs below. Required A Required B Compute the investment's annual income and annual net cash flow. Investment's Annual Income Revenues Expenses Annual Net Cash Flow Net cash flow Required A Required B > Required A Required B Compute the payback period for this investment. Payback Period Denominator: Numerator: 1 = Payback periodStep by Step Solution
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