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Ayayai Company is considering a capital investment of $324,200 in additional equipment. The new equipment is expected to have a useful life of 8 years

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Ayayai Company is considering a capital investment of $324,200 in additional equipment. The new equipment is expected to have a useful life of 8 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment. annual net income and cash flows are expected to be $23,000 and $63,000, respectively. Ayayai requires a 10% return on all new ifvestments, Click here to view PV tables. Compute each of the following: (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round cash payback period, profitability index and annual rate of return to 2 decimal places, es. 15.25 and other answers to 0 decimal ploces, es. 5,275.) 1. Cash payback period. years 2. Net present vlue. 3. Profitability index. 4. Internal rate of return. 5. Annual rate of return

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