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Need help find out the 5 steps of this Question pls help Required information [The following information applies to the questions displayed below] Beacon Company
Need help find out the 5 steps of this Question pls help Required information [The following information applies to the questions displayed below] Beacon Company is considering automating its production facility. The initial investment in automation would be $15 million, and the equipment has a useful life of 10 years with a residual value of $500,000. The company will use straightline depreciation. Beacon could expect a production increase of 40,000 units per year and a reduction of 20 percent in the labor cost per unit. Complete the following table showing the totals. Note: Enter your answers in whole dollars, not in millions. 2. Determine the project's accounting rate of return. Note: Round your answer to 2 decimal places. 3. Determine the project's payback period. Note: Round your answer to 2 decimal places. 4. Using a discount rate of 15 percent, calculate the net present value (NPV) of the proposed investment. (Future Value of $1, Present Value of $1. Future Value Annuity of $1. Present Value Annulty of $1 ) Note: Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Enter the answer in whole dollars. Required: 5. Recalculate the NPV using a 10 percent discount rate. (Future Value of $1. Present Value of $1. Future Value Annuity of $1, Present Value Annulty of $1. Note: Use appropriate factor(s) from the tables provided. Enter the answer in whole dollars
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