Answer all these questions with the right question number next to its correct answer (letter)

36)Hubbard Division of the Market Company has an opportunity to invest in a new project. The project will yield an incremental operating income of $34,250 on average invested assets of $475,000. Hubbard currently has operating income of $215,000 on average invested assets of $2,025,000. Market Company requires a 4% rate of return on new projects. a. What is Hubbards ROI before making an investment in the project? (Round your answer to 2 decimal places.)

b. What is Hubbards residual income before making an investment in the project?

c. What is Hubbards ROI after making the investment in the project? (Round your answer to 2 decimal places.)

d. What is Hubbards residual income after making the investment in the project?

55)Grove Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income of $200,600. The equipment will have an initial cost of $1,200,600 and have an 8-year life. The salvage value of the equipment is estimated to be $200,600. The hurdle rate is 12%. Ignore income taxes. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor from the PV tables.) a. What is the accounting rate of return? (Round your answer to 2 decimal places.)

b. What is the payback period? (Round your answer to one decimal place.)

c. What is the net present value? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.)

d. What would the net present value be with a 13% hurdle rate? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.)