A few of them are incorrect! Can I get some help on the following, these the one that are still incorrect:

1. Project 1 (I entered 17.86% and it's wrong)

2. Project 2 and 3 (I entered 4.55 and it's wrong)

3. Project 1, 2 and 3 (I entered 299,040; 675,603; and 1,907,250 and they're wrong)

4. Project 2 and 3 (I entered .8338 and 1.3633 and they're wrong)

Thanks!

PA11-3 Comparing, Prioritizing Multiple Projects [LO 11-1, 11-2, 11-3, 11-6] Hearne Company has a number of potential capital investments. Because these projects vary in nature, initial investment, and time horizon, management is finding it difficult to compare them. Assume straight line depreciation method is used. Project 1: Retooling Manufacturing Facility This project would require initial investment of $5,800,000. It would generate $1,036,000 in additional net cash flow each year. The new machinery has a useful life of eight years and a salvage value of $1,228,000. Project 2: Purchase Patent for New Product The patent would cost $4,065,000, which would be fully amortized over five years. Production of this product would generate $894,300 additional annual net income for Heare. Project 3: Purchase a New Fleet of Delivery Trucks Hearne could purchase 25 new delivery trucks at a cost of $210,000 each. The fleet would have a useful life of 10 years, and each truck would have a salvage value of $6,900. Purchasing the fleet would allow Hearne to expand its customer territory resulting in $1,155,000 of additional net income per year. Required: 1. Determine each project's accounting rate of retum. (Round your answers to 2 decimal places.) Accounting Rate of Return Project 1 Project 2 Project 3 % % 2. Determine each project's payback period. (Round your answers to 2 decimal places.) Project 1 Project 2 Project 3 Payback Period Years Years Years Proled1 mach2 Proloca . Detenne Bech project's payback period. Round your and Answer is complete but not entirely Year Project 1 Project 2 Pro Payback Parid 5.600 4.550 Years 14.55 Year Using a discount rate of 10 percent calculate the ha present value of ty Of $15 (Use appropriate factors, tror that provided R Answer is complete but not entirely Pajul 1 Peja 2 Project 3 Net Present Value $289.040 308 S675.600.00 $ 1,807,250,00 X Determine the profitability inden dech and priorize the proje iswers to 4 decimal places) Answer la complete but not entirely correct. Hot DECE POE Prettbilly Index 10 DOX 1.3433X