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Help I'm stuck machinery with a four-year life and no salvage value. Project Z requires a $420,000 initial investment for new machi with a three-year

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machinery with a four-year life and no salvage value. Project Z requires a $420,000 initial investment for new machi with a three-year life and no salvage value. The two projects yield the following annual results. Cash flows occur eve within each year. (PV of \$1. FV of \$1, PVA of \$1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute each project's annual net cash flows. 2. Compute each project's payback period. If the company bases investment decisions solely on payback period, wh project will it choose? 3. Compute each project's accounting rate of return. If the company bases investment decisions solely on accountin return, which project will it choose? 4. Compute each project's net present value using 6% as the discount rate. If the company bases investment decisio solely on net present value, which project will it choose? Complete this question by entering your answers in the tabs below. machinery with a four-year life and no salvage value. Project Z requires a $420,000 initial investment for new machi with a three-year life and no salvage value. The two projects yield the following annual results. Cash flows occur eve within each year. (PV of \$1. FV of \$1, PVA of \$1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute each project's annual net cash flows. 2. Compute each project's payback period. If the company bases investment decisions solely on payback period, wh project will it choose? 3. Compute each project's accounting rate of return. If the company bases investment decisions solely on accountin return, which project will it choose? 4. Compute each project's net present value using 6% as the discount rate. If the company bases investment decisio solely on net present value, which project will it choose? Complete this question by entering your answers in the tabs below

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