Payback period and Accounting Rate of Return: Equal Annual Operating Cash Flows without Disinvestment Juliana is considering an investment proposal with the following cash flows: Initial investment-depreciable assets Net cash inflows from operations (per year for 10 years) Disinvestment $35,000 5,000 0 For parts b. and c., round answers to three decimal places, if applicable. a. Determine the payback period. 7 years b. Determine the accounting rate of return on initial investment. 0.043 C. Determine the accounting rate of return on average investment. Payback period and Accounting Rate of Return: Equal Annual Operating Cash Flows without Disinvestment Juliana is considering an investment proposal with the following cash flows: Initial investment-depreciable assets Net cash inflows from operations (per year for 10 years) Disinvestment $35,000 5,000 0 For parts b. and c., round answers to three decimal places, if applicable. a. Determine the payback period. 7 years b. Determine the accounting rate of return on initial investment. 0.043 C. Determine the accounting rate of return on average investment