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cannot fix errors please help Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.)

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Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Peng Company is considering an investment expected to generate an average net income after taxes of $2,300 for three years. The investment costs $48,900 and has an estimated $11,100 salvage value QS 24-7 Computation of accounting rate of return LO P2 Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation Answer is complete and correct. Accounting Rate of Return Choose Denominator: Accounting Rate of Return Annual average Investment Accounting rate of return $ 30,000 7.67 % Choose Numerator: Annual after-tax net income $ 1 >> 2,300 Peng Company is considering an investment expected to generate an average net income after taxes of $2,300 for three years. The investment costs $48.900 and has an estimated $11,100 salvage value. QS 24-8 Net present value LO P3 Assume Peng requires a 15% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Answer is not complete. $ Cash Flow Annual cash flow Residual value Amount X 14,900X 11.100 X PV Factor 2.48693 - 0.7513 - Select Chart Present Value of an Annuity of 1 Present Value of 1 Present value of cash inflows immediate cash outflows Net present value Prosent Value 37,055 8,339 $ 45.394 S $ 45,394

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