please answer every question, thx

Homework: Chapter 12 Post-HW Part 2 of 2 Poin Joe's Hardware is adding a new product line that will require an investment of $1,540,000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $320,000 the first year, $285,000 the second year, and $225,000 each year thereafter for eight years. The investment has no residual value. Compute the payback period First enter the formula, then calculate the payback period (Round your answer to two decimal places) Amount to complete recover_in next year Projected cash inflow in next year ) = Payback = . 6 16 years 225,000 Use the NPV method to determine whether Salon Products should invest in the following projects: Project A costs $265,000 and offers eight annual net cash inflows of $58,000. Salon Products requires an annual return of 14% on projects like A. Project B costs $385,000 and offers ten annual net cash inflows of $73,000. Salon Products demands an annual return of 12% on investments of this nature. (Click the icon to view the present value annuity table.) 5 (Click the icon to view the present value table) (Click the icon to view the future value annuity table.) (Click the icon to view the future value table.) Requirement What is the NPV of each project? What is the maximum acceptable price to pay for each project? Calculate the NPV of each project. (Round your answers to the nearest whole dollar. Use parentheses or a minus sign for negative net present values.) The NPV of Project Ais - Reference ference Present Value of Annuity of $1 18% 20% 0.833 1.528 2.106 2.589 2.991 Periods Period 1 Period 2 Period 3 Period 4 Period 5 14% 1000 2140 3.440 4.921 6.610 16% 1.000 2.160 3.506 5.066 1000 2.180 3.572 5.215 7.154 20% 1.000 2200 3.640 5.368 7 442 6.877 eriods 196 2% 3% 5% 6% 8% 10% 12% 14% 16% 18% riod 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 Tiod 2 1.970 1.942 1913 1.886 1.859 1.833 1.783 1.736 1.690 1.647 1.605 1.566 nod 3 2.9412.884 2.829 2.775 2.723 2673 2577 2.487 2.402 2322 2.246 2.174 riod 4 3.902 3.808 3.717 3.630 3.546 3465 3.312 3.170 3.037 2.914 2.798 2.690 riod 5 4.853 4.713 4.580 4.452 4.329 4212 3.993 3.791 3.605 3.433 3.274 3.127 riod 6 5.795 5.601 5.417 5.242 5.076 49172.623 4 355 4.1113.8893.685 3.498 riod 7 6.728 6.472 6.230 6.002 5.786 5.582 5206 4.8684564 4.288 4.039 3.812 riod 8 7.652 7.325 7020 6.733 6 463 6.210 5.747 5.835 4.968 4639 4.344 4.078 mod 9 8.5668.162 77867435 7 108 6.802 6.247 5.759 5.328 49464607 4.303 riod 10 9.271 8.983 3.530 3.111 7722 7.360 6710 6.145 5.650 5.216 4.833 4.494 riod 11 10.3689.787 9 253 8.760 8.306 7 887 7.139 6 495 5.938 5 453 5.029 4.656 riod 12 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4.793 riod 13 12.134 11.348 10635 9986 9.394 8.853 7.904 7.103 6.424 5.842 5.342 4.9.10 rin 40 1. The 2 RECO 5 AO 510 3.326 3.605 3.837 4037 4 192 Period 6 Period 7 Period 8 Period 9 Period 10 Future Value of Annuity of $1 190 2% 4% 5% 6% 8% 10% 12% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1000 2.010 2020 2.030 2.040 2050 2060 2.080 2.100 2.120 3.030 3.060 3091 3.122 3.153 3.184 3.246 3 310 3.374 4,060 4. 122 4 184 4.246 4.310 4.375 4.506 4.641 4779 5.101 5,204 5.309 5416 5.526 5.637 5.867 6 105 6.353 6.152 6.308 6 468 6.633 6.802 6.975 7.336 7716 8. 115 7.214 7 434 7 662 7.898 8.142 8.394 8.923 9.487 10.089 8.286 8.583 8.892 9.214 9.549 9 897 10.637 11.436 12.300 9.369 9.756 10.159 10.583 11.027 11.491 12.488 13.679 14.776 10.462 10.950 11.464 12.006 12.578 13.181 14 487 15.937 17.549 11.567 12.169 12.809 13.486 14 207 14 972 16.645 18.531 20.655 12.683 13.412 14 192 15.026 15.917 16.870 18.977 21.384 24 133 13.809 14.680 15.618 16.627 17.713 18.382 21.495 24.523 28 029 z 150 17 NOR 12 | 105na 1 15 2015 17 07 22 200 8.536 10.730 13.233 16.085 19.337 8.977 11.414 14.240 17.519 21.321 9.442 12.142 15.327 19.086 23.521 9.930 12.9 16 16.499 20.799 25.955 CONVERT 4.327 4 439 4.533 Period 11 Period 12 Period 13 Innrinde 23.045 27 271 32.089 27 501 25.733 30.850 36.786 427 28.755 34.931 42.219 0-10 2 150 39.581 48.497 En ne 05 OM 27 510 Paint Done Paint Done 1 ference Reference 004 riod 5 DIYOZ DUOTITUS O 23TZTETUT JUST ZT 4.853 4 713 4.580 4452 4.329 4.212 3.993 3.791 3.605 3.433 3.433 3.272 2.090 3.127 TO 2009 2.991 > PETRO Period 5 UUU 5.101 TZ 5.204 5.309 5.416 2413 6.526 JUO 5867 5.637 4 4 6.105 LUZI 6.610 6.353 ALE 6.877 7.154 3.300 7 442 3.326 3.605 3.837 4031 4.192 Period 6 Period 7 Period 8 Period 9 Period 10 6.152 6.308 6 468 6.638 6.802 6.975 7336 7:16 8. 115 7.214 7.434 7.662 7.898 8142 8394 8.923 9.487 10.089 8.286 8.583 8.892 90214 9.549 9.897 10 63711436 12.300 9.369 9.755 10.159 10 583 11.027 11.491 12488 12 488 13.579 14.776 10.462 10.950 11.464 12.006 12 578 13.18 14 487 1487 15.937 17.549 11.567 12.169 12.808 13 486 14 207 14.972 16.645 18.531 20 655 12.683 13412 14.192 15 025 15.917 16.870 18.977 21 384 24 133 13.809 14.680 15.618 16.627 17 713 18.882 21 496 24.523 28.029 14.947 15.974 17.086 18.292 19.599 21.015 24 215 27 975 32.393 16.097 17 293 18.599 20.024 21.579 23.276 27.152 31.772 37 280 8.536 10.730 13 233 16.085 19.337 8.977 11.414 14.240 17.519 21.321 9.442 12.142 15.327 19.086 23.521 riod 6 5.795 5601 5.417 5242 5076 4.917 4.623 4355 4.111 3.8893.685 3.498 riod 6.728 6.472 6.230 6.002 5.786 5.582 5206 4868 4554 4288 4 039 3.812 rod 8 765273257 020 6.733 6 463 6210 5747 5335 4968 4639 4.344 2 078 riod 9 8:566 8162786 435 108 6.802 6 247 5.759 5.328 4 946 4 607 4.303 nod 10 9 470 8.983 8.530 811122 33606710 6.145 5 6505.216 4.833 . 4 494 mod 1110: 36897872 253 8.760 8.3067887139495 5938 5 453 5029 4.656 rod 12 1 355 10.5759959.3858.868 8302 536 6836 1945.650 5.197 4793 riod 1312233 11328 10.535) 9986933 8.853 904 2103 64215.942 5 342 4910 rod 12 13.004 121061296 10.563 9.899 9.295 8.244367 628 5.002 5.468 5.008 riod 15 13 865 12849 1938 1111810.380 9.7128.559 7 606 6 116.142 5.575 5092 pod 20 18 046 16.351 14.8773.590 1226211 470 9.818 8.51474696.623 5.929 5.353 sod 25 22.023 19.523 17 413 15 622 14.094 2783 10 675 3.0777843 6.097 5.467 rod 30 25.808 22 396 19.600 17 292 15.372 13.765 11 258 9 427 8.055 7.003 7.003 6.177 5.517 riod 40 32835 27.355 23.115 19.793 17 159 15 045 11.925 9.779 8 284 7.105 6.233 5.548 9.930 12916 16.499 20799 25 959 4.327 4.439 4.533 2611 4.675 Period 11 Period 12 Period 13 Period 14 Period 15 23.045 27 271 32089 37581 43.842 25.733 30.850 36.786 43.672 51.660 28.755 34 931 42.219 50.818 60.965 32150 39.58 48.497 59.1981 72.034 VERT C 4.870 4.948 4.979 4.997 Period 20 Period 25 Period 30 Period 40 22.019 24 297 26.870 29.778 33 066 36.786 45.762 57 275 72052 91.025 115.380 146.628 186.68 28.243 3203036.459 41 646 47.727 54 865 73.106 98.347 133.334 181.871 249.214 342.603 471.98 34 785 40.568 47.575 56.085 66.439 79.058 113 283 184 404 241 333 356.787 530.312 790.948 1.181.882 48.886 60.402 75.401 95.026 120 800 154.762 259.067 442 593 767 091 1,342.025 2,360.757 4 163.213 7,343.85 eference Reference Present Value of $1 Future Value of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 0.990 0.980 0.971 0.961 0.951 296 0.980 0.961 0.942 0.924 0.906 39 0.971 0.943 0.915 0.962 0.925 0.889 0.855 0.822 5% 0.952 0.907 0.864 0.823 0.784 0.943 0.890 0.840 0.792 0.747 896 0.926 0.857 0.792 0.735 10% 0.909 0826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0 636 0.567 149 0.877 0.769 0.675 0.592 0.519 16% 18% 20% 0.862 0.847 0.83 0.743 0.718 0.69 0641 0.609 0157 0.552 0.516 0.48 0.476 0.437 0.40 Periods Period 1 Period 2 Period 3 Period 4 Period 5 196 1.00 TODO 1.030 11041 1.051 2% 10:20 1.0.40 1.061 1.082 1.104 3% 1.030 1061 1093 1. 126 14159 106 1040 1.092 1.125 1.170 1.217 1.050 1103 1.158 1216 1.276 1060 1124 1191 1.262 1338 1080 1 166 1260 1.360 1469 1.210 1331 1464 1611 1.250 1405 1.574 1.762 1300 1482 1689 1.925 16% 1. 160 1346 1.561 1.8.11 2. 100 1392 1 643 1.939 2.288 0.863 0.746 2436 2826 0.837 0.813 0.789 0766 0.742 0.790 0.760 0731 0703 0.676 0.705 0665 0.627 0.592 0.558 0 630 0.583 0.540 0.500 0.463 Period 6 Period 7 Period 8 Period 9 Period 10 02564 0513 0467 0424 0386 1062 1.072 1.083 1.094 11105 0 507 0 456 01410 0 452 0.400 0.354 0 351 0.305 0:361 0.308 0.263 0.322 0.270 0.227 1.126 1149 1.172 1.195 1 219 0.370 0.33 0.314 0127 0.266 0.23 0.225 0.19 0.191 0.16 1.194 1 290 111267 1.805 1344 1.265 1.316 1.369 1428 1.480 1.340 1407 1.477 1.56 1629 3.273 1.419 1504 1.594 1689 1.791 Period 6 0.942 0.888 Period 7 0.933 0.871 Period 8 0.923 0.853 Period 9 Period 10 0905 0820 Period 110.896 Period 120.887 Period 13 0879 EROT 1.587 1.714 1851 1.999 2.159 1772 1949 2.144 2.358 2594 0.677 0645 0614 1.974 2.211 2.476 2.773 3.106 2.195 2502 2853 3.252 3.707 2.700 3.185 3.759 4435 5.234 3.803 4.411 1589 2175 04:29 0.13 0.650 0.625 0.601 2332 2518 0.585 0557 0 500 527 497 0.469 0.350 0319 0.290 0.162 0.137 6.117 6.936 0287 0.257 0.229 Period 11 Period 12 Period 13 Ariad 1.116 1.127 1.138 0.237 0.208 0.182 DRA 0195 0.168 0.145 7293 1.243 1.269 1.294 1,384 11.426 1.469 1.70 1706 1886 noir 2353 3479 818 2-523636192 16185 0681 0368 an 0.09 ng Inne A non Print Done Done TZU PETUA Period 5 TOOS TI939 TUTTITUDE TUL 1.051 1.104 159 11217 TO 11276 1.338 TESOU 1.469 TH404 1.611 BUTLE 1.762 TOTT 2.100 1.925 2.288 ZEUTS 2.488 Period 6 Period 7 Period 8 Period 9 Period 10 1.062 1072 1083 11094 1.105 1126 1.149 1.172 11195 1.219 194 12301 1.267 1.305 11344 1.265 1.316 1.869 1.423 1.480 1.340 1.407 1.477 1.551 1.629 1.419 1.504 1.594 1.689 1.791 1.587 1.714 1.851 1.999 2.159 1772 1.949 21144 2.358 2.594 1.974 2.211 2.476 2.773 3.106 2.195 2.502 2.853 3.252 3.707 2.436 2.826 3 278 3.803 4.411 2.700 3.185 3.759 4.435 5.234 2.986 3.583 4.300 5.160 6.192 Peilu043 U.902 U2 0.000 ou UDEN UEFYZ U23 VOOD VIOSO W3 DOZ U U Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.40 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.33 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.452 0.400 10.354 0.314 0.27 Period 8 0.923 0.853 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.404 0.351 0.305 0.266 0.23 Period 9 0.914 0.837 0.766 0.766 0.703 0.645 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.19 Period 10 0.905 0.820 0.744 0.676 | 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.16 Period 110.896 0.804 0.722 0.650 0.650 0.585 0.527 0429 0.350 0.287 0.237 0.195 0.162 0.13 Period 12 0.887 0.788 0.701 0.625 0557 0497 0.397 0.319 0.257 0.208 0.1680.137 0.11 Period 13 0.879 0.773 0.681 0.601 0.530 0469 0.368 0.290 0.229 0.182 0.145 0.116 0.09 Period 12 0.870 0.661 0.577 0.505 0442 0.340 0.263 0.205 0 160 0.125 0.099 0.07 Period 15 0.861 0.743 0.642 0.555 0481 047 0.315 0.239 0.183 0 140 0.108 0.084 0.06 Period 20 0.820 0673 0.554 0456 033 0312 0.215 0.149 0.104 0.073 0.051 0.037 0.02 Period 25 0.780 0610 0.478 0478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.0160.01 Period 30 0742 0.552 0.412 0.308 0.231 0.1740.099 0.057 0.033 0.020 0.012 0.007 0.00 Period 40 0.672 0.463 0307 0.208.542 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.00 Period 11 Period 12 Period 13 Period 14 Period 15 1.116 1.127 1.138 11149 1.161 1.243 1268 1294 1.319 1.346 1.384 1426 1469 1513 11.558 1.539 11.601 1.665 1.732 1.801 1.710 1.796 1.886 1.980 2.079 1.899 21012 2.133 2.261 2.397 2:332 2.518 2.720 2.937 3.172 2.853 3.138 3.452 3.797 4 177 3.479 3.896 4.363 4 887 5.474 4.226 4.818 5.492 6.261 7.138 5.117 5.936 6.886 7.988 9.266 6.176 7.288 8.599 10.147 11.974 7430 8.916 10.699 12.839 15.407 Period 20 Period 25 Period 30 Period 40 1.220 1.282 10348 1489 1.486 1.641 1.8.11 2.208 1 806 2094 2.427 3.262 2191 2.666 31243 4801 2.653 3.207 4 661 6.727 9.646 13.743 19.461 27.393 38 338 3.386 4.292 6.848 10.835 17.000 26.462 40.874 62.669 95.396 4322 5.743 10.063 17 449 20.960 50.950 85.850 143.371 237.376 7.040 10.286 21.725 45.259 93.051 188.884 378 721 750.378 1.469.77 Print Done Done