Lou Bariow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a fiveyear period. His annual pay raises are determined by his division's return on investment (RO). 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 14% 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 proftablity index for each product 5. Calculate the simple rote of return for each product. 6a. For each measure, identify whether Product A or Product B is preterred 6b. Based on the simple rate of return, which of the two products should Lou's division accept? Cermplete this question by enterisg your answers in the tabs below. Calculate the paytback period for each product. (Round your answers to 2 docimal piaces.) Calculate the net present value for each product. (R Complete this question by entering your answers in the tabs below. Calculate the internal rate of return for each product. (Round your percentage answers to 1 decimal considered as 12.3%.) Complete this question by entering your answers in the tabs below. Calculate the profitability index for each product. (Round your answers to 2 decimal Complete this question by entering your answers in the tabs below. Calculate the simple rate of return for each product. (Round your percentage answers to 1 decimal place considered as 12.3%.) For each measure, identify whether Product A or Product B is preferred