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please help Q3!!! Required information [The following information applies to the questions displayed below.) Most Company has an opportunity to invest in one of two

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image text in transcribed please help Q3!!!
Required information [The following information applies to the questions displayed below.) Most Company has an opportunity to invest in one of two new projects. Project Y requires a $335,000 investment for new machinery with a five-year life and no salvage value. Project Z requires a $335,000 investment for new machinery with a four-year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight-line depreciation, and cash flows occur evenly throughout each year. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project Y Project X $390,000 $312,000 Sales Expenses Direct materiala Direct labor Overhead including depreciation Selling and administrative expenses Total expenses Pretax income Income taxes (32) Net Income 54,600 78,000 140,400 28.000 301,000 89,000 28,480 $ 60,520 39,000 46,800 140,400 28,000 254,200 57,800 18,496 $ 39,304 Pretax income Income taxes (328) Net income UUU 89,000 28,480 $ 60,520 4200 57,800 18, 496 $ 39,304 3. Compute each project's accounting rate of return. Accounting Rate of Return Choose Numerator: Choose Denominator: 1 Accounting Rate of Return Accountity rate of return 0 Project Y Project 2 0

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