eBook Basic Concepts Year Cash Revenues 1 Sato Company is considering an investment in equipment that is capable of producing more efficiently than the current technology. The outlay required is $2,266,667 equipment is expected to last five years and will have no salvage value. The expected cash flows associated with the project are as follows: Cash Expenses 2 $2,940,000 2,940,000 2,940,000 2,940,000 2,940,000 The present value tables provided in Exhibit 19B.1 and Exhibit 19B.2 must be used to solve the following problems. 3 4 5 Show Me How Required: 1. Compute the project's payback period. If required, round your answer to two decimal places. years % Print Item $2,260,000 2,260,000 2,260,000 2,260,000 2,260,000 2. Compute the project's accounting rate of return. Enter your answer as a whole percentage value (for example, 16% should be entered as "16" in the answer box). Between 3. Compute the project's net present value, assuming a required rate of return of 10 percent. When required, round your answer to the nearest dollar. % and 4. Compute the project's internal rate of return. Enter your answers as whole percentage values. %

Sato Company is considering an investment in equipment that is copable of producing more efficiently than the current technology, The outiay required is s2, 266.66 equipment is expected to last five years and will have no salvage value. The expected cast flows associated with the project are as follows: The present value tables provided in Exhibit 198.1 and Exhibit 198.2 must be used to solve the following problems. Requiredt 1. Compute the project's payback pertod. If required, round your answer to two decimal places: yesis 2. Compute the project's accounting rate of return. Enter your answer as a whole percentage value (for example, 16 of should be entered as "16" in the answer box). % 3. Compute the project's net present value, assuming a required rate of return ot-10 percent. When required, round your answer to the nearest dollar. 4. Compute the project's internal rate of return. Enter your answers as whole percentage values. Between %