Coastal Company runs hardware stores in the southeast. Coastal's management estimates that if it invests $250, 000 in a new computer system, it can save $50, 000 a year in annual cash operating costs. The system has an expected useful life of 10 years and no disposal value at the end of 10 years. The company's required rate of return is 8%. Ignore income tax issues and assume all cash flows occur at year-end except for the initial investment amount. Calculate the following for the investment: Net present value (you can the present value of $50, 000 a year for 10 years at 8% is $350, 000 don't have to consult a table) Payback period Accrual accounting rate of return (assume straight line depreciation and the denominator in the equation is the initial investment) Would you consider this investment a good decision given the facts available? Why? Your company can make soccer balls (with a contribution margin of $4 per ball) or baseballs (with a contribution margin of $2 per ball). The manufacturing operation for both types of balls must go through the only stitching machine you have, and its running at full capacity. A manufactured soccer ball uses one hour of the machine's time. A manufactured baseball uses up 1/3 hour of the machine's time. There is a demand for as many of each of the balls that you can make. For next month, which ball do you manufacture, and why