Lou Bariow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five: year period. His annual pay raises are determined by his division's retum on investment (ROI), which has exceeded 23% each of the last three years. He has computed the cost and revenue estimates for each product as follows: The company's discount rate is 18% Click here to view Exhibit 148-1 and Exhibit 148-2 to determine the appropriate discount factor using tables. Required: 1. Calculate the payback period for each product 2 Calculate the net present value for each product 3. Calculate the internal rate of return for each product. 4. Calculate the profitability index for each product. 5. Calculate the simple rate of return for each product. 6a. For each measure, identify whether Product A or Product B is preferred. 6 b. Based on the simple rate of return, which of the two products should Lou's division accept? Complete this question by entering your answers in the tabs below. Calculate the payback period for each product. (Round your answers to 2 decimal places.) Required: 1. Calculate the payback period for each product 2. Calculate the net present value for each product. 3. Calculate the internal rate of return for each product 4. Calculate the profitability index for each product. 5. Calculate the simple rate of retum for each product. 6a. For each measure, identify whether Product A or Product B is preferred 6b. Based on the simple rate of retum, which of the fwo products should Lou's division accept? Complete this question by entering your answers in the tabs below. Calculate the net present value for fach product. (Roenis your finat answerv to tha nearest whole dollar ainount.) Caiculate the internal rate of return for each product. (Round vour percontege amswers to i decimal place L. 0 , 0,127 shoud be considered as 12.77 .4) Complete this question by entering your answers in the tobs below. Calculate the profitability index for each product, (Round your answers to 2 decimal placeso) Galculate the simple rate of return for each product. (Round your percentage answers to-1 decimal place i.e. 0.123 should ber considered as 12,3\%.) Complete this question by entering your answers in the tabs below. For oach measure, identity whether Product A or Product B is preferred. Complete this question by entering your answers in the tabs below. Based on the simple rate of return, which of the two products should tou's division accept