help pls

- 5 HIT View Policies Current Attempt in Progress Quillen Company is performing a post-audit of a project completed one year ago. The initial estimates were that the project would cost $232,000, would have a useful life of 9 years, zero salvage value and would result in net annual cash flows of $46,200 per year. Now that the investment has been in operation for 1 year, revised figures indicate that it actually cost $241,000, will have a total useful life of 11 years (including the year just completed), and will produce net annual cash flows of $39,700 per year. Click here to view the factor table. Evaluate the success of the project. Assume a discount rate of 12%. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round present value answers to decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Original estimate net present value $ Revised estimate net present value $ The project a success. e Textbook and Media Silve for Later Attempts: 0 of 5 used Submit Answer Question 10 of 20 5/10 E View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Linkin Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck (not the least of which is that it runs). The new truck would cost $57.270. Because of the increased capacity, reduced maintenance costs, and increased fuel economy, the new truck is expected to generate cost savings of $8,300. At the end of 8 years, the company will sell the truck for an estimated $28,800. Traditionally the company has used a rule of thumb that a proposal should not be accepted unless it has a payback period that is less than 50% of the asset's estimated useful life. Larry Newton, a new manager, has suggested that the company should not rely solely on the payback approach, but should also employ the net present value method when evaluating new projects. The company's cost of capital is 8%. Click here to view the factor table. (a) Compute the cash payback period and net present value of the proposed investment. (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round answer for present value to decimal places, eg. 125. Round answer for Payback period to 1 decimal place, eg. 10.5. For calculation purposes, use 5 decimal places as displayed in the factor table provided) Cash payback period years Net present value Question 13 of 20 -/10 E Estimated annual cash inflows $19.900 $40,400 Estimated annual cash outflows $4,890 $9.940 Click here to view the factor table. Calculate the net present value and profitability index of each machine. Assume a 9% discount rate. (If the net present value is negative, use either a negative sign preceding the number eg - 45 or parentheses eg (45). Round answer for present value to decimal places, eg. 125 and profitability index to 2 decimal places, eg. 10.50. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Machine A Machine B "Net present value Profitability index Which machine should be purchased? should be purchased e Textbook and Media Attempts: 0 of 5 used Submit