Help me, please! Thank you! It's important

Date. 1. Metro Clinic, a nonprofit organization, estimates that it can save $30,000 a year in cash operating costs for the next 10 yeacs if it buys a special-purpose eye- testing machine at a cost of $135.000. No terminal disposal valuers expected. Metro Clinic's required rate of return is 12%. Assume all cash flows occur at year-end except for initial investment amounts. Metro Clinic uses straight-line depreciation. Present Value of $1 table Present Value of Annuity.of $1 table Euture Value of $1 table Euture Value of Annuily.of $1 table Read the requirements. Review Only Click the icon to see the Worked Solution. Requirement 1. Calculate the following for the special-purpose eye-testing machine: a. Net present value (NPV) (Use factors to three decimal places, X.XXX., and use a minus sign or parentheses for a negative net present value. Enter the net present value of the investment rounded to the nearest whole dollar.) The net present value is $ b. Payback period (Round your answer to two decimal places.) The payback period is years. c. Internal rate of return (Round the rate to two decimal places, XXX%.) The internal rate of return (IRR) is d. Accrual accounting rate of return based on net initial investment (Round interim calculations to the nearest whole dollar, Round the rate to two decimal places, X.XX%.) % based on net initial investment. The accrual accounting rate of return (AARR) is e. Accrual accounting rate of return based on average investment (Round interim calculations to the nearest whole dollar. Round the rate to two decimal places, XX*.) % based on average investment. The accrual accounting rate of return (AARR) is Requirement 2. What other factors should Metro Clinic consider in deciding whether to purchase the special-purpose eye-testing machine? OA Financing factors, such as the availability of cash to purchase the new equipment. B. Quantitative financial aspects. O C. Qualitative factors, such as the benefits to its customers of a better eye-testing machine and the employee-morale advantages of having up-to-date equipment. D. All of the above. E. None of the above. Using all four of the capital budgeting methodologies from requirement 1 will give management sufficient information to determine whether or not an investment in the eye-testing machine meets the organzation goals of the company. 1: Reference Present Value of $1 6% 10% 12% 14% 16% 18% 20% 22% 24% 26% 28% 30% 32% Periods 2% 4% 8% 0.769 0.862 0.833 0.820 0.806 0.794 0.781 0.758 0.980 0.962 0.943 0.926 0.909 0.893 0.877 0,847 0.630 0.694 0.672 0.650 0.610 0.592 0.574 0.890 0.797 0.769 0.743 0.718 2. 0.925 0.857 0.826 0.961 0.435 0.524 0.500 0.477 0.455 0 942 0.675 0.641 0.609 0.579 0.551 0.794 0.751 0.712 0.889 0.840 3. 0.924 0.855 0.792 0,735 0.681 0.683 0.636 0.592 0.552 0.516 0.482 0.451 0.423 0.397 0.373 0.350 0.329 0.906 0.822 0.747 0.621 0.567 0.519 0.476 0.410 0.354 0.437 0.402 0.370 0.303 0.341 0.315 0.291 0.269 0.207 0.250 0.888 0.790 0.705 0.630 0.564 0.507 0.456 0.400 0.370 0.335 0.275 0.222 0.250 0.198 0.227 0.189 0.871 0.760 0.665 0.583 0.513 0.452 0.314 0.279 0.249 0.178 0.139 0.159 0.143 0.853 0.731 0.627 0.540 0.467 0.404 0.351 0.305 0.266 0.233 0.204 0.167 0.179 0.157 0.123 0.108 0.837 0.703 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 0.144 0.125 0.094 0.108 0.082 0.062 10 0.820 0.676 0.558 0.463 0.386 0.322 0.227 0.270 0.191 0.162 0.137 0.116 0.099 0.085 0.073 11 0.804 0.650 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.112 0.135 0.094 0.079 0.066 0.052 0.056 0.047 12 0.788 0.625 0.497 0.397 0.368 0.319 0.290 0.257 0.208 0.112 0.168 0.137 0.092 0.076 0.062 0.050 0.039 0.043 0.036 13 0.773 0.758 0.601 0.469 0.229 0.182 0.145 0.116 0.093 0.075 0.061 0.040 0.033 0.032 0.025 0.027 14 0.577 0.442 0.340 0.263 0.205 0.099 0.160 0.125 0.078 0.065 0.062 0.049 0.021 15 0.743 0.555 0.417 0.315 0.239 0.183 0.140 0.108 0.093 0.084 0.051 0.040 0.031 0.025 0.020 0.019 0.015 0.016 16 0.728 0.534 0.394 0.292 0.270 0.218 0.163 0.123 0.071 0.054 0.042 0.032 0.025 0.012 17 0.714 0.513 0.371 0.198 0.146 0.108 0.080 0.026 0.021 0.060 0.045 0.034 0.020 0.015 0.012 0.009 0.007 0.005 0.494 18 0.700 0.350 0.016 0.012 0.250 0.180 0.164 0.130 0.095 0.069 0.051 0.038 0.060 0.043 0.031 0.028 0.012 0.009 19 0.686 0.475 0.331 0.232 0.116 0.083 0.023 0.017 0.009 0.007 20 0.673 0.660 0.456 0.439 0.422 0.312 0.215 0.149 0.104 0.073 0.051 0.037 0.026 0.044 0.031 0.038 0.026 0.019 0.014 0.010 0.007 0.005 0.006 0.004 0.004 0.004 21 22 0.294 0.199 0.184 0,135 0.093 0.064 0.022 0.015 0.011 0.008 0.003 0.002 0.002 0.001 0.001 0.647 0.278 0.083 0.056 0.123 0.018 0.015 0.013 0.010 0.013 0.009 0.007 0.006 0.003 23 0.634 0.262 0.406 0.170 0.112 0.074 0.049 0,033 0.022 0.010 0.005 0.003 0.002 24 25 0.622 0.390 0.247 0.102 0.066 0.043 0.038 0.033 0.028 0.019 0.003 0.002 0.001 0.002 0.158 0.008 0.006 0.004 0.002 0.024 0.021 0.016 0.007 0.610 0.375 0.233 0.146 0.092 0.084 0.059 0.005 0.003 26 0.053 0.014 0.009 0.006 0.004 0.002 0,001 0.001 0.598 0.361 0.220 0.135 0.001 0,029 0.018 0.011 0.007 0.005 0.003 0.002 0.001 0.001 27 0.586 0.347 0.207 0.125 0.076 0.047 0.000 0.196 0.185 0,026 0.016 0.010 0.006 0.004 0.002 0.002 0.001 0.001 28 0.574 0.333 0.116 0.069 0.042 0.037 0.033 0.022 0.020 0.014 0.001 0.001 0.000 0.000 0.008 0.005 0.003 0.002 0.321 0.063 29 0.563 0.107 0.000 0.007 0.002 0.001 0.000 0.012 0.004 0.003 0.001 0.552 0.308 0.174 0.099 0.057 30 0.000 0.000 0.000 0.006 0.003 0.002 0.001 0.001 0.000 0.068 0.046 0.019 0.011 0.010 0.036 35 0.500 0.253 0.130 0.000 0.000 0.000 0.001 0.000 0.000 0.000 0.005 0.003 0.001 0.097 0.208 0.022 40 0.453 2: Reference 100o 000 O0 Present Value of Annuity of $1.00 in Arrears Periods 2% 4% 6% 8% 10% 14% 12% 16% 18% 20% 22% 24% 26% 28% 0.980 30% 0.962 32% 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 0.820 0.806 0.794 0.781 1.942 0.769 0.758 1.331 1.886 1.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 1.492 1.457 1.424 1.392 1.361 3 2.884 2.775 2.673 2.577 2.487 2.402 3.037 2.322 2.246 2.174 2.106 2.042 1.981 1.923 1.868 1.816 1,766 3.808 4.713 3.630 3.465 3.312 3.170 2.914 2.798 2.690 3.127 3.498 2.589 2.494 2.404 2.320 2.241 2.166 2.096 4.452 4.212 3.993 3.791 3.605 3.433 3.274 2.991 2.864 2.745 2.635 2.532 2.436 2.345 5.601 5.242 4.917 4.623 4.355 4.868 4.111 3.889 3.685 3.326 3.167 2.885 3.020 2.759 2.643 2.534 6.472 6.002 5.582 5.206 4.564 4.288 4.039 3.812 3.605 3.416 3.242 3.083 2.802 2.937 2.677 7.325 6.733 6.210 5.747 5.335 4.968 4.639 4.078 4.344 3.241 3.837 3.619 3.421 3.076 2.925 2.786 8.162 7.435 6.802 6.247 5.759 5.328 4.946 4.607 4.303 4.031 3.786 3.566 3.366 3.184 3.019 2.868 10 8.983 8.111 7.360 6.710 6.145 5.216 5.650 4.192 4.327 4.439 3.923 3.682 3.465 3.543 4.833 4,494 3.269 3.092 2.930 9.787 8.760 7.887 7.139 6.495 6.814 5.938 5.453 4.656 4.035 3.776 3.335 5.029 3.147 2.978 12 10.575 9.385 8.384 7.536 3.013 6.194 5.660 5.197 4.793 4.127 3.851 3.606 3.387 3.190 13 11.348 4.203 3.656 3.695 3.726 3.751 3.771 3.786 3.799 9.986 8.853 7.904 7.103 5.842 5.342 4.910 4.533 3.912 3.427 3.223 3.040 6.424 3.061 3.962 3.459 3.483 3.249 14 12.106 10.563 6.002 6.142 4.611 4.675 4.265 9.295 8.244 7.367 6.628 5.468 5.008 3.268 3.076 5.092 4.315 4.001 15 12.849 5.575 5.668 11.118 9.712 8.559 7.606 6.811 3.283 3.295 3.097 3.088 4.357 4.033 3.503 3.518 3.529 3.539 4.730 6.265 5.162 16 13.578 11.652 10.106 8.851 7.824 6.974 4.059 6.373 5.222 4.775 4.391 7.120 5.749 17 14.292 12.166 10.477 9.122 8.022 3.304 3.104 4.080 4.419 5.273 4.812 8.201 6.467 5.818 9.372 7.250 12.659 10.828 18 14.992 3.311 3.109 4.097 4.843 4.442 5.316 6.550 5.877 7.366 9.604 8.365 13.134 11.158 19 15.678 3.113 3.546 3.551 3.316 3.808 4.460 4.110 5.353 4.870 6.623 5.929 8.514 7.469 9.818 16.351 13.590 11.470 20 3.116 3.118 3.120 3.121 3.122 3.320 3.323 3.816 3.822 3.827 4.121 4.130 4.137 4.476 4.891 6.687 6.743 5.384 5.973 7.562 8.649 14.029 11.764 10.017 3.556 3.559 3.325 3.562 3.564 21 17.011 4.488 5.410 4.909 6.011 7,645 8.772 12.042 10.201 14.451 17,658 22 4.499 4.925 6.792 6.835 5.432 6.044 7.718 8.883 3.327 14.857 12.303 10.371 3.831 18.292 4.143 23 4.507 4.937 5.451 6.073 7,784 3.329 3.330 8.985 3.834 3.837 15.247 12.550 10.529 4.147 18.914 4.514 24 4.948 5.467 6.097 6.873 7.843 3.123 9.077 3.566 4.151 15.622 12.783 10.675 4.520 19.523 4.956 5.480 25 26 6.906 6.118 7.896 9.161 15.983 13.003 10.810 20.121 3713 20./u/ 10.33U 13.11 D. 130 D.30 4.104 4.6 3.Do/ 3.331 3.143 28 21.281 16.663 13.406 11.051 9.307 7.984 6.961 6.152 5.502 4.970 4.528 4.157 3.840 3.568 3.331 3.124 29 21.844 16.984 13.591 11,158 9.370 8.022 8.055 6.983 6.166 5.510 4.975 4.531 4.159 3.841 3.560 3.332 3.124 30 22.396 17.292 13.765 11.258 9.427 7.003 6.177 5.517 4.979 4.534 4,160 3.842 3.569 3.332 3,124 35 24.999 18.665 14.498 11.655 9.644 8.176 7.070 6.215 5.539 4.992 4.541 4.164 3.845 3.571 3.333 3.125 27.355 19.793 15.046 * Payments (or receipts) at the end of each period. 40 9.779 11.925 8.244 7.105 6.233 5.548 4.997 4.544 4,166 3.846 3.571 3.125 3.333 3: Reference Compound Amount of $1.00 (The Future Value of $1.00) 30% 28% 26% 24% 22% 18% 1.180 1.392 20% 16% 12% 14% 10% 1.300 1,690 6% 4% 1.280 1.638 2.097 2.684 2% 1.240 1.538 1.260 Periods 1.220 1.488 1.816 1.200 1.160 1.140 1.120 1.100 1.060 1.080 1.588 2.000 1.040 1.020 1.440 1.346 1.300 1.254 1.210 2.197 1.166 1,124 1.040 1.082 1.907 1.728 2.074 1.561 1.643 1.482 1.405 2.856 1.331 1.260 1.191 2.520 2.364 1.125 1.061 2215 3. 1.939 1.811 1.689 1.574 1.464 1.360 1.262 1.170 1.082 Units to be produt 1.104 1.217 1,338 1.469 1.611 1,762 1.925 2.100 2.288 2.488 2.703 2.932 3.176 3.436 3.713 1.126 1.265 1.419 1.587 1.772 1.974 2.195 2.436 2.700 2.986 3.297 4.023 3.635 4.002 5.042 4.398 4.827 1.149 1.316 1.504 1.714 1.949 2.211 2.502 2.826 3.185 3.583 4.508 5.590 5.629 6.275 8.157 1,172 1.369 1.594 1.851 2,144 2.476 2.853 3.278 3.759 4.300 4,908 6.353 7.206 1,195 3.803 1.423 1.689 1.999 2.358 2.773 3.252 4.435 5.160 5.987 6.931 8.006 9.223 10.604 10 1.219 1.480 1,791 2.159 2.594 3,106 3.707 4,411 5.234 6.192 7.305 8.594 11.806 10.086 13,78 1.243 1.539 1.898 2.332 4.226 2.853 3.479 5.117 6.176 7.430 8.912 10.657 12.708 15.112 17.922 12 1.268 1.601 2.012 2.518 3.138 3.896 5.936 8.916 10.872 13.215 4.818 7.288 16.012 19.343 23.298 13 1.294 2.133 2.720 6.886 24.759 1.665 3.452 5.492 8.509 10.699 13.264 16.386 20.175 4.363 30.288 1.732 16.182 14 1.319 2.261 2.937 3.797 7.988 12.839 20.319 25.421 31.601 39.374 4.887 6.261 10.147 15 1.346 1.801 2.397 3.172 4.177 15.407 19.742 25.196 32.030 5.474 7.138 9.266 11.974 40.565 51.186 40.358 16 1,373 1.873 2.540 31.243 51.923 66.542 3.426 4.595 6,130 8,137 10.748 14.129 18.488 24.086 22.186 26.623 29.384 35.849 38.741 48.039 59.568 66.461 17 1.400 2.693 3.700 50.851 86.504 1.948 5.054 6.866 9.276 12.468 16.672 2.026 2.107 64.072 85.071 112.45! 18 1.428 2.854 3.996 5.560 7.690 10.575 14.403 19.673 3.026 43.736 80.731 108.890 146.19 19 1,457 4.316 6.116 8.613 12.056 16.777 23.214 31.948 53.358 73.864 91.592 13.743 101.721 139.300 190.05 20 1.486 2.191 3.207 4.661 6,727 9.646 19.461 27.393 38.338 178.406 228 360 3.400 65.096 128.169 247.06 21 1.516 5.034 7,400 10.804 15.668 22.574 32.324 46.005 2.279 113.574 161.492 321.18 22 2.370 3.604 8.140 12.100 17.861 26.186 38.142 55.206 79.418 1.546 5.437 96.889 20.362 140.831 203480 292 300 417.53 23 30.376 45.008 66.247 1.577 2.465 3.820 5.871 8.954 13.552 174.631 144.210 216.542 256.385 374.144 542.80 35.236 53.109 24 2.563 2.606 6.341 9.850 15.179 23.212 79.497 118.205 1.608 4.049 25 6.848 7.396 10.835 17.000 26.462 323.045 478.905 705.64 1.641 40.874 62.669 95.396 4.292 612.998 784.638 1004.336 1550.29 1285.550 2015.38 1645.505 2619.98 917.33 73.949 114.475 175.936 268.512 407.037 26 11.918 19.040 30.167 47,414 1.673 2.772 4.549 214.642 332.955 261.864 197.814 319.474 237.376 389.758 1192.53 13.110 21.325 34.390 14.421 23.884 39.204 15.863 26.750 44.693 10.063 17,449 29.960 50.950 55.000 512.867 27 7.988 87.260 137.371 1.707 2.883 4.822 412.664 646.212 28 63.800 102.967 164.845 1.741 2.999 5.112 8.627 814.228 74,009 121.501 511.952 29 1.776 3,119 5.418 9.317 634.820 1025.927 30 85.850 143.371 1.811 3.243 5.743 14.785 28.102 52.800 98.100 180.314 327.997 590.668 1053.402 1861.054 3258.135 10.286 21.725 45.259 93.051 188.884 378.721 750.378 1469.772 2847.038 5455.913 10347.175 19426.689 36118.8A 9727 8 5653.911 35 2.000 3.946 7.686 40 2.208 4.801 4: Reference Compound Amount of Annuity of $1.00 in Arrears (Future Value of Annuity) Periods 2% 4% 8% 10% 12% 14% 16% 18% 28% 20% 22% 24% 26% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.160 1.000 1.000 1.000 1.000 1.000 1.000 2.020 2.040 2.060 2.080 3.246 2.100 2.120 2.140 2.180 2.200 2.220 2.240 2.260 2.280 3.060 3.122 3.184 3.310 3,374 3,440 3.572 3.640 3.506 3.708 3.778 3.848 3.918 4.122 4.246 4.375 4.506 4.641 4.779 4.921 5.066 5.215 7.154 9.442 5.368 5.524 5.684 5.848 6.016 5.204 6.308 5.416 5.637 5.867 6.105 6.353 6.610 6.877 7,442 7.740 8.048 8.368 8.700 6.633 6.975 7.336 7.716 8.115 9.930 8.536 8.977 10.442 10.980 11.544 12.136 7.434 7.898 8.394 8.923 9.487 11.436 13.579 15.937 10.089 12.142 12.916 13,740 16.534 10.730 11.414 14.615 15.546 8.583 9.214 9.755 10.583 9.897 10.637 12.300 15.327 20.588 13.233 14.240 16.499 17.762 19.123 22.163 11.491 10.950 12.006 13.181 12.488 22.670 28.657 14,776 16.085 17.519 19.086 20.799 24.712 26.940 29.369 10 14,487 17.549 25.959 31.643 34.945 38.593 50.398 19.337 21.321 23.521 11 12.169 13.486 14.972 16.645 18.531 32.150 35.962 45.031 20.655 23.045 25.733 28.755 40.238 12 13.412 15.026 16.870 18.977 21.384 39.581 44.874 50.895 64.110 57.739 65.510 24.133 27.271 30.850 34.931 13 14.680 16.627 15.974 18.292 21.015 18.882 21.495 24,523 28.029 36.780 42.219 48.497 55.746 73.751 84.853 32.089 14 24.215 27.152 59.196 72.035 87.442 69.010 85.192 80.496 93.926 109.612 27.975 32.393 37.581 43,842 50.980 43.672 50.818 15 17.293 20.024 23.276 100.815 126.011 157.253 195.994 119.347 141.303 31.772 37.280 42.753 51,660 60.925 60.965 16 18.639 21.825 25.673 181.868 104.935 129.020 158.405 151.377 30.324 35.950 72.939 233.791 191.735 17 20.012 23.698 28.213 33.750 87.068 105.931 40.545 48.884 59.118 68.394 71.673 300 252 385.323 494.213 633.593 242.585 55.750 128.117 18 21.412 25.645 30.906 37.450 45.599 84.141 103.740 244.033 306.658 98.603 115.380 194.254 123.414 154.740 19 22.841 27.671 33.760 51.159 63.440 78.969 41.446 237.989 303.601 377 465 387 389 186.688 225.026 146.628 72.052 91.025 24.297 29.778 36.786 45.762 57.275 20 489.110 291.347 104.768 120.436 174.021 134.841 81.699 50.423 64.002 25.783 31,969 39.993 21 811.999 617.278 469.056 356.443 271.031 157.415 206.345 92.503 71.403 55.457 27.299 34.248 43.392 22 778.771 1040.358 183.601 244.487 326.237 289.494 392.484 471.981 582.630 723.461 898.092 435.861 79.543 104.603 138.297 60.893 28.845 36.618 46.996 23 1332.659 982.251 532.750 650.955 213.978 88.497 98.347 133.334 118.155 158.659 30.422 39.083 50.816 32.030 41.646 54.865 66.765 1238.636 1706.803 24 342.603 249.214 181.871 73.106 25 26 33.6/1 44.312 59.15b 19.954 109.182 150.334 208.333 4Ub 2r2 290.088 b67.311 ryb.165 1114.634 1561.682 2185./08 27 35.344 47.084 63,706 87.351 121.100 169.374 238.499 337.502 479.221 681.853 971.102 1383.146 1968,719 2798.706 28 37.051 49.968 68.528 95.339 134.210 190.699 272.889 392.503 566.481 819.223 1185.744 1716.101 2481.586 3583.344 29 38.792 52.966 73.640 103.966 148.631 214.583 312.094 456.303 984.068 669.447 1447.608 2128.965 2640.916 3127.798 4587.680 30 40.568 56.085 79.058 113,283 164.494 241.333 356.787 49.994 73.652 111.435 172.317 271.024 431.663 693.573 1120.713 1816.652 2948.341 4783.645 60.402 96.026 154.762 259.057 442.593 767.091 1342.025 2360.757 4163.213 7343.858 12936.535 22728.803 39792.982 60377 A60 790.948 1181.882 1767.081 530.312 3942.026 5873.231 35 7750.225 12527 442 20188.966 40 * Payments (or receipts) at the end of each period. 5: Requirements 1. Calculate the following for the special-purpose eye-testing machine: a. Net present value b. Payback period c. Internal rate of return d. Accrual accounting rate of return based on net initial investment e. Accrual accounting rate of return based on average investment 2. What other factors should Metro Clinic consider in deciding whether to purchase the special-purpose eye-testing machine? ID: E21-23 (similar to)