calculate the toy action figure projects paybsck period if it had a residual value of 150,000

Toy World Products is considering producing loy action figures and sandboc torys. The products require different spetolized machines, each costing 51.5 milion. Each machthe has a five jear The and zero tesidual value. The two products have diferent pattorns of prediced net cosh intlows: (Click the inon to view the data) Calcalote the ioy action figure projoct's paryback period. If the toy action foure peoject hod a rotidual value of $150,000, sould the portack period change? Explan and recalaulate if necessary Does this investment pass Toy Worlds paybock period screening nule? Calculate the toy action figure projecfe paytack peried. Fint enter the sarmia, then colculgte the paybeck period. (Enter amounts in dollars, not m sont. Round your anwer to two secimal ptaces.) years If the soy acion figue propet had a reydual vatue of $150,060, woud the paybeck period ehange? fxplain and recalculate if eecessary? If the invesiment had a $150,000 residuil value, the payback perios aftestod. The cash inhow from any rostsuat value woud occur takee into acowunt when calculating the pepback pericd pperating ble and (Reond your arswer to two decimal places.) The payback peried if the toy action foure propect had a tesidual value of 5160,000 is yeari: Does this investmene pais Toy Wonds pmback period screening nulo? The payback period is 35 years, 80 if g producing toy action figures and sandbox toys. The products require different specializec two products have different patterns of predicted net cash inflows: Data table Toy World will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%