Check my work 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 $2.400 for three years. The investment costs $50,400 and has an estimated $6.900 salvage value. QS 11-8 Net present value LO P3 Assume Peng requires a 10% 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.) Select Chart Amount x PV Factor = Present Value Cash Flow Annual cash flow Residual value Net present value 958 PM A A E 7/28/2019 earch Check my work QS 11-10 Profitability index LO P3 Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $410,000 and has a present value of cash flows of $2,400,000. Project 2 requires an initial investment of $4 million and has a present value of cash flows of $6 million 1. Compute the profitability index for each project. Profitability Index Choose Denominator: Choose Numerator: Profitability Index Profitability index Project 1 Project 2 arch