payback and arr

Each of the following scenarios is independent. All cash flows are after-tax cash flows. Required: 1. Michael Kimathi has purchased a tractor for $90,000. He expects to receive a net cash flow of $30,750 per year from the investment. What is the payback period for Michael? Round your answer to two decimal places. years 2. Bertha Lafferty invested $355,000 in a laundromat. The facility has a 10-year life expectancy with no expected salvage value. The laundromat will produce a net cash flow of $105,000 per year. What is the accounting rate of return? Enter your answer as a whole percentage value (for example, 16% should be entered as "16" in the answer box). x% 3. Malannie Bayless has purchased a business buliding for $330,000, she expects to recelve the following cash flows over a 10-year period: Year 1:541.000 Year 2: 562,000 Year 3-10: 588,600 What is the payback. period for Melannie? Round your answer to one decimal place. years What is the accouriting rate of return? Enter your answer as a whole percentage value (for example, 16% should be entered as "16" In the answer box)