24 part 1 Connect Assign 4 rt 1 of 3 The following information apples to the questions displayed below Most Company has an opportunity to invest in one of two new projects Project Y requires o $350,000 investment for new machinery with a four-year life and no salvage value Project Z requires a $350.000 Investment for new machinery with a three-year ife and no salvage value. The two projects yseld the following predicted annual results. The compeny uses straight-line depreclation, and cash flows occur evenly throughout each year (PV of Si.EV of S1. PVA.of S1, and EVA OES (Use appropriate factorts) from the tables provided.) Project Y. Project z $350,009 5280,000 Direct materials pirect aboc udsn e expenses Overhesd including depreciatien selling and administrative expenses 126,900 126,000 total expenses References tncome taxes ( ) Required: 1. Compure each projects annual expected net cash flows pected net cash Sows Connect Assign Required Information The following information applies to the questions displayed below Most Company has an opportunity to Invest in one of two new projects. Project Y requires a $350,000 Investment for new machinery with a four-year life and no salvage value. Project Z requires a $350,000 investment for new machinery with a three-year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight-line depreciation, and cash nows occur evenly throughout each year (eV of S1. EVot S1. PVAot $1, and EVA ot s) (Use appropriate factorls) from the tables provided.) Project Y Project 2 $35e,ee0 $280,00 sales Direct materials Direct labor overhead including depreciation selling and adninistrative expenses 49,e0e 35,eee 7e,8e042,68 126,880 126,80 25,80925,0 Total expenses Pretax income Income taxes ( ) Net income se,893 52,000 56,eee 36,400 2. Determine each project's payback penod Payback period Project Y Project 2 Connect Assign Required Information The following Information apples to the questions displayed below Most Company has an opportunity to invest in one of two new projects. Project Y requires a $350.000 investment for new machinery with a four-year life and no salvage value. Project Z requires a $350,000 investment for new machinery with a three-year life and no salvage value. The two projects yleld the following predicted annual results. The company uses straight-line depreciation, and cash flows occur evenly throughout each year. (PV of S1. EV of S1. PVA of S1, and FVA of St (Use appropriete factor(s) from the tables provlded.) Y Project Z 350,009 5280,09e Sales Expenses ofrect saterials Direct labor overhead including depreciation Selling and administrative expenses 49,000 35,000 78,e0042,88e 126,000 128,000 Total expenses Pretax income income taxes (3e% Net incone 52,800 24,000 15,6ee s 56,8e0 $ 36,400 3. Compute each project's accounting rate of return. Accourting rate of relurn Project Y Project Z