phe is a public company whose headquarters is in Johamesi manufacturer of automotive products, with a promise to its customers of high It commenced operations on 02 January 2022 with authorised share cacibai Which 400000 have been issued at R10 per share. At the end of 2022 the fixed assets (at carrying value) totalled R20000 R1 280000 , R2 000000 was owed by trade deblors, cash in the bank accumulated undistributed profits amounted to R400 000 and R1 200000 wa The saies of Sentra Limited for 2022 amounted to R8 000000 . The following projections and proposals were made for 2023 : The sales revenue is expected to increase to R10 000000 . The atter-lax 20%. The directors are expected to propose dividends of 200 cents per (payable during 2024). A vehicle with a cost price of R300 000, which was December 2022 and subsequently repaired, is expected to be traded in a last quarter of 2023 for a new vehicle with a cost price of R350 000. The a previously damaged vehicle on the date of the trade-in is expected to be year is estimated at R300 000,50000 ordinary shares are expected to th R15 per share. Inventories, accounts receivable and accounts payable percentage-of-sales method. The amount of cash and cash equivalents figure). Sentra Limited has identified a new machine that it is considering for purc would cost R1 000000 , excluding installation costs of R200 000. The useful life of five years and depreciation per year is estimated at R220 machine would generate cash receipts of R540 000 per year and its R220 000. At the end of year 3 , the machine would require a major ove 2. Refer to the investment opportunity for 2024 (the purchase of a rew machine) and Calculate the following. (lgnore taxes.) 2.1 Acoounting Rate of Retum on average investment (expressed to tho decimal places). 22 Net Present Value. (Use only present value table 1 discount factors from the modile guide to caloulate the present values of the net cash flows.) 2.3 Internal Rate of Return (expressed to two decimal places) if the net cash fous generated by the machine are R320000 per year for five years and the scrap value is R50 000. Your answer must include two net present value calculations (using phe is a public company whose headquarters is in Johamesi manufacturer of automotive products, with a promise to its customers of high It commenced operations on 02 January 2022 with authorised share cacibai Which 400000 have been issued at R10 per share. At the end of 2022 the fixed assets (at carrying value) totalled R20000 R1 280000 , R2 000000 was owed by trade deblors, cash in the bank accumulated undistributed profits amounted to R400 000 and R1 200000 wa The saies of Sentra Limited for 2022 amounted to R8 000000 . The following projections and proposals were made for 2023 : The sales revenue is expected to increase to R10 000000 . The atter-lax 20%. The directors are expected to propose dividends of 200 cents per (payable during 2024). A vehicle with a cost price of R300 000, which was December 2022 and subsequently repaired, is expected to be traded in a last quarter of 2023 for a new vehicle with a cost price of R350 000. The a previously damaged vehicle on the date of the trade-in is expected to be year is estimated at R300 000,50000 ordinary shares are expected to th R15 per share. Inventories, accounts receivable and accounts payable percentage-of-sales method. The amount of cash and cash equivalents figure). Sentra Limited has identified a new machine that it is considering for purc would cost R1 000000 , excluding installation costs of R200 000. The useful life of five years and depreciation per year is estimated at R220 machine would generate cash receipts of R540 000 per year and its R220 000. At the end of year 3 , the machine would require a major ove 2. Refer to the investment opportunity for 2024 (the purchase of a rew machine) and Calculate the following. (lgnore taxes.) 2.1 Acoounting Rate of Retum on average investment (expressed to tho decimal places). 22 Net Present Value. (Use only present value table 1 discount factors from the modile guide to caloulate the present values of the net cash flows.) 2.3 Internal Rate of Return (expressed to two decimal places) if the net cash fous generated by the machine are R320000 per year for five years and the scrap value is R50 000. Your answer must include two net present value calculations (using