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Just need some quick help on this I will rate! Many thanks and God bless!!! Nubela Manufacturing is considering two alternative investment proposals with the
Just need some quick help on this
I will rate!
Many thanks and God bless!!!
Nubela Manufacturing is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $10,100,000 $560,000 Useful life 5 years 5 years Estimated annual net cash inflows for 5 years $2,020,000 $105,000 Residual value $55,000 $29,000 Depreciation method Straight-line Straight-line Required rate of return 14% 11% Calculate the payback period for Proposal X. O A. 5 years OB. 4 years O C. 10 years OD. 8 years Accelerated Finance is deciding whether to purchase new accounting software. The cost of the software package is $58,000, and its expected life is ten years. The payback for this investment is four years. Assuming equal yearly cash inflows, what are the expected annual net cash savings from the new software? (Assume the investment has no residual value.) O A. $5,800 O B. $232,000 OC. $14,500 OD. $43,500Step by Step Solution
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