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please help. use right names and numbers. The following information applies to the questions displayed below.] Most Company has an opportunity to invest in one

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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 $310,000 investment for new machinery with a five-year life and no salvage value. Project Z requires a $310,000 investment for new machinery with a four-year life and no salvage value. The two proje cts 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 z 375,000 $300,000 Sales Expenses Direct materials Direct labor overhead including depreciation Selling and administrative expenses 52,500 37,500 75,000 45,000 135, 000 135,000 27,000 27,000 244,500 85,50055,500 15,540 Total expenses Pretax income Income taxes (28%) Net income 289,500 940 61,560 39,960 Required: 1. Compute each project's annual expected net cash flows. Project YProject Z 2. Determine each project's payback period Payback Period Choose Numerator Choose Denominator: Payback Period Payback period Project Y Project Z 0 3. Compute each project's accounting rate of return. Accounting Rate of Return Accounting Rate of Return IChoose Denominator: Choose Numerator: Accounting rate of return Project Y Project Z 4, Determine each project's net present value using 9% as the discount rate. Assume that end. (Round your intermediate calculations.) cash flows occur at each year. Project Y Chart values are based on: Amount x PV Factor Present Value Select Chart Net present value Net present value roject Z Chart values are based on: Amount x PV Factor = Present Value Select Chart Net present value

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