Can you please review my work to see if I answered the questions correctly and if not could you please correct them. Thank you.

Clearwater Company is considering purchasing new equipment for $231,120. It is expected that the equipment will produce net annual cash flows of $42,800 over its 5 -year useful life. Annual depreciation will be $46,224. Compute the cash payback period. - Round answer to 1 decimal place such as 1.2 . Cash Payback Period: Years Question 2 7.5pts Keys Company is considering purchasing new equipment for $677,740. It is expected that the equipment will produce net annual cash flows of $72,100 over its 10 -year useful life. Annual depreciation will be $65,274. Compute the cash payback period. - Round answer to 1 decimal place such as 1.2 . Cash Payback Period: Years Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $131,166. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,800, and annual cash outflows would increase by $42,000. Compute the cash payback period. - Round answer to 1 decimal place such as 1.2. Cash Payback Period: Years Question 4 7.5pts Zimmerman Company is considering a long-term investment project called ZC-A. ZC-A will require an investment of $51,604. It will have a useful life of 7 years and no salvage value. Annual cash inflows would increase by $29,875, and annual cash outflows would increase by $16,320. Compute the cash payback period. - Round answer to 1 decimal place such as 1.2. Cash Payback Period: Years Woods Company accumulates the following data concerning a proposed capital investment: cash cost $650,109, net annual cash flows $123,878 and present value factor of cash inflows for 7 years is 5.206 (assuming the expected rate of return on this purchase is 8% ). - Round net present value to 0 decimal place such as 20. - For any negative net present value, use either a negative sign preceding the number as -30 or parentheses as (30). - Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. Determine the net present value, and indicate whether the investment should be made. Net Present Value: $ Net investment be made. (Write either or Fun World Corporation, an amusement park, is considering a capital investment in a new exhibit. The exhibit would cost $150,152 and have an estimated useful life of 6 years. It can be sold for $69,100 at the end of that time. (Amusement parks need to rotate exhibits to keep people interested.) It is expected to increase net annual cash flows by $26,700. Its cost of capital is 10%. Present value factor of cash inflows for 6 years is 4.355 . Present value factor of cash inflow for salvage value at year 6 is 0.564. Calculate the net present value of this project to the company and determine whether the project is acceptable. (Hint: For the present value of net cash flows, both net annual cash flows in current value and salvage value in current value should be added together.) - Round net present value to 0 decimal place such as 20 . - For any negative net present value, use either a negative sign preceding the number as -30 or parentheses as (30). - Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. - Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. Net Present Value: $ The project is . (Write either or not Question 7 22.5 pts Orange Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck. The new truck would cost $137,200. Because of the increased capacity, reduced maintenance costs, and increased fuel economy, the new truck is expected to generate cost savings of $19,700. At the end of 8 years, the company will sell the truck for an estimated $42,600. Traditionally, the company has used a rule of thumb that a proposal should not be accepted unless it has a payback period that is less than 50% of the asset's estimated useful life. John Doe, a new manager, has suggested that the company should not rely solely on the payback approach, but should also employ the net present value method when evaluating new