Name(s): Engagement Activity - Chapter 14 Louise Merlow, a divisional manager for Rage Company, has an opportunity to manufacture and sell a new product for a five-year period. Her annual pay raises are determined by her division's return on investment (ROI), which has exceeded 18% each of the last three years. The company's discount rate is 16%. She has computed the cost and revenue estimates for the product as follows: Initial investment: Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket operating costs Calculate the payback period. Calculate the net present value. Calculate the internal rate of return. Calculate the project profitability index. alculate the simple rate of return. Class Time: SHOW YOUR WORK Product B $ $ LA LA LA LA $ $ 380,000 355,000 170,000 85,000 60,000