Check my wore Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a live year period. His annual pay raises are determined by his division's return on investment (RON, which has exceeded 27% each of the last three years. He has computed the cost and revenue estimates for each product as follows: Initial investments Coat of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket operating costu Product Product $ 210,000 $420,000 $ 290,000 3.390.000 $ 138,000 5-186,000 $ 42,000 $34.000 # 76,000 $ 54,000 The company's discount rate is 19%. Click here to view Exhibit 1281 and Exhibit2B-2. to determine the appropriate discount factor using tables Required: 1. Calculate the payback period for each product 2. Calculate the net present value for each product 3. Calculate the internal rate of return for each product, 4. Calculate the project profitability index for each product. 5. Calculate the simple rate of return for each product. 6a. For each measure, identify whether Product A or Product is preferred 66. Based on the simple rate of return, Lou Barlow would likely: Complete this question by entering your answers in the tabs below