(Ignore income taxes in this problem.) The Finney Company is reviewing the possibility of remodeling one of its showrooms and buying some new equipment to improve sales operations. The remodeling would cost $192,000 now and the useful life of the project is 8 years. Additional working capital needed immediately for this project would be $48,000; the working capital would be released for use elsewhere at the end of the 8-year period. The equipment and other materials used in the project would have a salvage value of $19,000 in 8 years. Finney's discount rate is 17%. What would the annual net cash inflows from this project have to be in order to justify investing in remodeling? (Round your 'PV factors' to three decimal places. Round your other intermediate calculations and final answer to the nearest whole dollar.) (Use Exhibit11b-1, Exhibit11b-2) $29,712 $61,564 $53,796 $52,509

(Ignore income taxes in this problem.) Czaplinski Corporation is considering a project that would require an investment of $873,000 and would last for 5 years. The incremental annual revenues and expenses generated by the project during those 5 years would be as follows: Sales $235,000 Variable expenses 31,500 Contribution margin 203,500 Fixed expenses: Salaries 30,500 Rents 22,000 Depreciation 87,000 Total fixed expenses 139,500 Net operating income $64,000 The scrap value of the project's assets at the end of the project would be $44,000. The payback period of the project is closest to: 13.0 years 5.8 years 6.7 years 13.6 years

(Ignore income taxes in this problem.) The Jackson Company has invested in a machine that cost $100,000, that has a useful life of ten years, and that has no salvage value at the end of its useful life. The machine is being depreciated by the straight-line method, based on its useful life. It will have a payback period of seven years. Given these data, the simple rate of return on the machine is closest to (Round your intermediate calculations to the nearest dollar amount):

2.86%

4.76%

4.29%

24.29%