Omar Innovatives made considerations of purchasing capital equipment whose associated cash flows were as follows;

Initial Investment K100, 000 Year One K200, 000 Year Two K300, 000 Year Three K400, 000 Year Four K500, 000 Year Five K100, 000 Average PBIT K93,500 Total Accumulated Depreciation K32,500 Taxation K15,200 i. What is the Payback period in years through months to the number of days for the project? (5 Marks) ii. Calculate the Accounting Rate of Return (3 Marks) iii. Calculate the Net Present Value (7 Marks) iv. Calculate the Internal Rate of Return(8 Marks) v. Calculate the Profitability Index (2 Marks) vi. In summary what are the advantages and Disadvantages of each of the Methods. (5 Marks)