Lou Barlow, 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 return on investment (ROI), which has exceeded 22% each of the last three years. He has computed the cost and revenue estimates for each product as follows: Product Product B $ 370,000 $570,eee Initial investment: Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket operating costs $ 480,00 $ 480,000 $ 180,000 $ 214,000 $ 74,000 $ 114,000 S88. aas681232 The company's discount rate is 20% Click here to view Exhibit 128-1 and Exhibi: 128-2. 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 project profitability index for each oroduct 5. Calculate the simple rate of return for each product 6. For each measure. Identify whether Product A or Products pret 6b Based on the simple rate of return, Lou Borow woul. The