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E Question Help Emma's Bakery plans to purchase a new oven for its store. The oven has an estimated useful life of 4 years. The

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E Question Help Emma's Bakery plans to purchase a new oven for its store. The oven has an estimated useful life of 4 years. The estimated prelax cash flows for the oven are as shown in the table that follows, with no anticipated change in working capital. Emma's Bakery has a 12% after tax required rate of return and a 31% income tax rate. Assume depreciation is calculated on a straight-line basis for tax purposes using the initial investment in the oven and its estimated terminal disposal value. Assume al cash flows occur at year and except for initial investment amounts (Click the loon to view the estimated cash flows for the oven) Present Value of $1 table Present Value of Annuity of $1 table Future Value of 51 able Future Value of Annuity of S1 table Read the requirements Requirement 1. Calculate (a) not present value. (b) payback period, and (c) internal rate of return a. Net present value. (Use factors to three decimal places, XXXX. Round intermediary calculations and your final anwer to the nearest whole dollar) The nel present values b. Payback period. (Round your answer to two decimal places) The payback period in years is c. Internal rate of return (Round intermediary calculations to the nearest whole color and round the IRR to two decimal places, XXXX) The internal rate of reum (RR) is Requirement 2. Calculate accrual counting rate of retum based on net initial investment. (Round intermediary calculations to the nearest whole dollar. Round the final rate to two decimal places, XXX%.) Based on net initial investment, the scorul courting role of retum (ARRIS 1% Enter any number in the edit fields and then continue to the next question Save for Later MacBook Pro en for its store. The oven has an estimated useful life of 4 years. The estimated pretax cash flows for the oven are as shown in as a 12% after-tax required rate of return and a 31% income tax rate. Assume depreciation is calculated on a straight-line basis al value. Assume all cash flows occur at year-end except for initial investment amounts ah flows for the oven.) An Data Table valud B decir F D E Relevant Cash Flows at End of Each Year 1 Year 1 Year 2 Year 3 Year 4 2 two Year 0 $ (134,000) 3 Initial oven Investment Annual cash flows from operations 4 (excluding the depreciation effect) 5 Cash flow from terminal disposal of oven $ 50,000 $50,000 $ 50,000 $ 50,000 Diary $ 13,000 fatet unting Print Done ual ace! d then continue to the next question. MacBook Pro 11 90 F7 59 F5 F6 l * $ 4 % 5 & 7 6 9 0 R. T Y U 0 or its store. The oven has an estimated useful life of 4 years. The estimated pretax cash flows for the oven are as show 12% after-tax required rate of return and a 31% income tax rate. Assume depreciation is calculated on a straight-line b alue. Assume all cash flows occur at year-end except for initial investment amounts. ws for the oven.) Data Table B D E F 1 Relevant Cash Flows at End of Each Year 2 Year 0 Year 1 Year 2 Year 3 Year 4 $ (134,000) 3 Initial oven Investment Annual cash flows from operations 4 (excluding the depreciation effect) 5 Cash flow from terminal disposal of oven $ 50,000 $50,000 $ 50,000 $ 50,000 $ 13,000 Print Done n continue to the next question. MacBook Pro 53 55 F7 FB * $ 4 % 5 & 7 6 8 9 0

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