please include 2-3 decimal places with each answer if applicable. Thank you.

Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five- year period. His annual pay raises are determined by his division's return on investment (ROI), which has exceeded 22% each of the last three years. He has computed the cost and revenue estimates for each product as follows: Product Product B $ 380,000 $575,000 Initial investments Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Pixed out-of-pocket operating costs $ 410,000 $ 166,000 $ 76,000 $ 89,000 $ 490,000 $ 218,000 $ 115,000 $ 70,000 The company's discount rate is 20%. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor using tables. Required: 1. Calculate the payback period for each product. 2. Calculate the net present value for each product. 3. Calculate the internal rate of return for each product. 4. Calculate the project profitability index for each product. 5. Calculate the simple rate of return for each product. 6a. For each measure, identify whether Product A or Product B is preferred. 6b. Based on the simple rate of return, Lou Barlow would likely: EXHIBIT 13B-1 Present Value of $t Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% 25% 1 2 3 0.962 0.952 0943 0.935 0.926 0.917 0.909 0.901 0.893 0.885 0.877 0.870 0.862 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0.800 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0.797 0.783 0.769 0.756 0.743 0.731 0.718 0.706 0.694 0.683 0.672 0.661 0.650 0.640 0 .889 0.864 0.840 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658 0.641 0.624 0.609 0.593 0.579 0.564 0.551 0.537 0.524 0.512 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572 0.552 0.534 0.516 0.499 0.482 0.467 0.451 0.437 0.423 0.410 0 .822 0.784 0.747 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0.519 0.497 0.476 0.456 0.437 0.419 0.402 0.386 0.370 0.355 0.341 0.328 4 5 9 6 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.410 0.390 0.370 0.352 0.335 0.319 0.303 0.289 0.275 0.262 7 0.750 0.711 0.665 0.623 0.583 0.547 0.513 0.482 0.452 0.425 0.400 0.376 0.354 0.333 0.314 0.296 0.279 0.263 0.249 0.235 0.222 0.210 8 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.434 0.404 0.376 0.351 0.327 0.305 0.285 0.266 0.249 0.233 0.218 0.204 0.191 0.179 0.168 0 .703 0.645 0.592 0.544 0.500 0.460 0.424 0.391 0.361 0.333 0.308 0.284 0.263 0.243 0.225 0.209 0.194 0.180 0.167 0.155 0.144 0.134 10 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.352 0.322 0.295 0.270 0.247 0.227 0.208 0.191 0.176 0.162 0.149 0.137 0.126 0.116 0.107 11 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.317 0.287 0.261 0.237 0.215 0.195 0.178 0.162 0.148 0.135 0.123 0.112 0.103 0.094 0.086 12 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.286 0.257 0.231 0.208 0.187 0.168 0.152 0.137 0.124 0.112 0.102 0.092 0.083 0.076 0.069 13 0.601 0.530 0.469 0.415 0.368 0.326 0.290 0.258 0.229 0.204 0.182 0.163 0.145 0.130 0.116 0.104 0.093 0.084 0.075 0.068 0.061 0.055 14 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.232 0.205 0.181 0.160 0.141 0.125 0.111 0,099 0.088 0.078 0.069 0.062 0.055 0.049 0.044 15 0.555 0.481 0.417 0.362 0.315 0.275 0.239 0.209 0.183 0.160 0.140 0.123 0.108 0.095 0,084 0.074 0.065 0.057 0.051 0.045 0.040 0.035 16 0.534 0.458 0.394 0.339 0.292 0.252 0218 0.18B 0.163 0.141 0.123 0.107 0.093 0.081 0,071 0.062 0.054 0.047 0.042 0.036 0.032 0.028 17 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.170 0.146 0.125 0.108 0.093 0.080 0.069 0.060 0,052 0.045 0.039 0.034 0.030 0.026 0.023 18 0.494 0.416 0.350 0.296 0.250 0212 0.180 0.153 0.130 0.111 0.095 0,031 0.069 0,059 0.051 0.044 0,038 0.032 0.028 0.024 0.021 0.018 19 0.475 0.396 0.331 0.277 0.232 0.194 0.164 0.138 0.116 0.098 0.083 0.070 0.060 0,051 0.043 0.037 0.031 0.027 0.023 0.020 0.017 0.014 20 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.124 0.104 0.087 0073 0.061 0.051 0043 0.037 0.031 0,026 0.022 0.019 0.016 0.014 0.012 21 0.439 0.359 0.294 0.242 0.199 0.164 0.135 0.11 0.093 0.077 0.064 0.053 0,044 0,037 0.031 0026 0.022 0.018 0,015 0,013 0.011 0.009 22 0.422 0.342 0.278 0.226 0.184 0.150 0.123 0.101 0.083 0.068 0.056 0.046 0.038 0.032 0.026 0.022 0.018 0.015 0.013 0.011 0.009 0.007 23 0,406 0.326 0.262 0.211 0.170 0 138 0.112 0.091 0.074 0.060 0.049 0.040 0.033 0,027 0022 0.018 0015 0.012 0.010 0.009 0.007 0.006 24 0.390 0.310 0.247 0.197 0.158 0.126 0.102 0.082 0.066 0.053 0.043 0.035 0.028 0.023 0.019 0,015 0.013 0.010 0.008 0.007 0.006 0.005 25 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0074 0.059 0.047 0.038 0.030 0.024 0.020 0.016 0.013 0.010 0.009 0.007 0.006 0.005 0.004 26 0.361 0.281 0.220 0.172 0.135 0.106 0.084 0.066 0.053 0.042 0.033 0.025 0.021 0.017 0.014 0.011 0.009 0.007 0.006 0.005 0.004 0.003 27 0.347 0.268 0.207 0.161 0.125 0.098 0.076 0.060 0.047 0.037 0.029 0.023 0.018 0.014 0.011 0.009 0.007 0.006 0.005 0.004 0.003 0.002 28 0.333 0.255 0.196 0.150 0.116 0.090 0.069 0.054 0.042 0.033 0026 0.020 0016 0.012 0010 0.008 0.006 0.005 0.004 0.003 0.002 0.002 29 0.321 0.243 0.185 0.141 0.107 0.082 0.063 0.048 0.037 0.029 0.022 0.017 0.014 0.011 0.008 0.006 0.005 0,004 0.003 0.002 0.002 0.002 30 0.308 0.231 0.174 0.131 0.099 0.075 0.057 0.044 0.033 0.026 0.020 0,015 0,012 0.009 0.007 0.005 0.004 0.003 0.003 0.002 0.002 0.001 40 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.015 0.011 0.008 0.005 0.004 0.003 0.002 0.001 0.001 0.001 0.000 0.000 0.000 0.000 0.000 1 EXHIBIT 133-2 Present Value of an Annuity of $1 in Artears: 11 - Periods 4% 5% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 3% 24% 25% 1 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 0.885 0.877 0.870 0.862 0.855 0.847 0.840 0.833 0.826 0.820 0.813 0.806 0.800 2 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.713 1.690 1.668 1.647 1.626 1.605 1.585 1.566 1.547 1.528 1.509 1.492 1.474 1.457 1.440 3 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.444 2.402 2.361 2.322 2.283 2.246 2210 2.174 2.140 2.106 2.074 2042 2011 1.981 1.952 4 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.102 3.037 2.974 2.914 2.855 2.798 2.743 2.690 2.639 2.589 2.540 2.494 2.448 2.404 2.362 5 4 .452 4.329 4.212 4.100 3.993 3.890 3.791 3.696 3.605 3.517 3.433 3.352 3.274 3.199 3.127 3.058 2.991 2.926 2.864 2.803 2.745 2.689 6 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4 231 4.111 3.998 3.889 3.784 3.685 3.589 3.498 3.410 3.326 3.245 3.167 3.092 3.020 2.951 7 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.712 4,564 4.423 4.288 4.160 4.039 3.922 3.812 3.706 3.605 3.508 3.416 3.327 3.242 3.161 8 6.733 6.463 6.210 5.971 5.747 5.535 5335 5.146 4.968 4.799 4.639 4.487 4.344 4.207 4078 3 954 3.837 3.726 3. 619 3.518 3.421 3.329 9 7.435 7.108 6.802 6.515 6.247 5.995 5.759 5.537 5.328 5.132 4.946 4.772 4.607 4.451 4.303 4.163 4.031 3.905 3.786 3.673 3.566 3.463 10 8.111 7.722 7.360 7024 6.710 6.418 6.145 5.889 5.650 5.426 5.216 5.019 4.833 4.659 4.494 4339 4.192 4.054 3.923 3.799 3.682 3.571 11 12 13 14 15 8.760 8.306 9.385 8.863 9.986 9.394 10.563 9.899 11.118 10:380 7.887 7,499 8.384 7.943 8.853 8.358 9.295 8.745 9.712 9.108 7.139 7.536 7.904 8.244 8.559 6.805 6.495 6.207 5 938 5.687 5.453 5234 5.029 4,836 4.656 4.486 4.327 4.177 4.035 3.902 3.776 3.656 7.161 6,814 6.492 6.194 5.918 5.660 5.421 5.197 4.988 4.793 4,611 4,439 4.278 4.127 3.985 3851 3.725 7.487 7 103 6.750 6.424 6.122 5.842 5583 5.342 5.118 4.910 4.715 4.533 4.362 4,203 4.053 3.912 3.780 7.786 7.367 6.982 6,628 6 302 6.002 5724 5.468 5.229 5,008 4 802 4.611 4.432 4.265 4.108 3.962 3.824 8.061 7.606 7.191 6,811 6.462 6.142 5.847 5,575 5 324 5.092 4.876 4,675 4,489 4.315 4.153 4.001 3.859 1 16 17 18 19 20 11.652 10.838 10.106 9.447 8.851 8.313 7.824 7.379 6974 6.604 6.265 5.954 5.668 5.405 5.162 4.938 4.730 4.536 4.357 4.189 4.033 3.887 12.166 11.274 10.477 9.763 9.122 8.544 8022 7.549 7.120 6.729 6,373 6.047 5.749 5.475 5.222 4.990 4.775 4.576 4.391 4.219 4,059 3.910 12.659 11.690 10.828 10 059 9.372 8.756 8 201 7.702 7.250 6.840 6.467 6.128 5818 5.534 5.273 5.033 4.812 4,608 4.419 4.243 4.OBO 3.928 13.134 12.0B5 11.158 10.336 9.604 8.950 8.365 7839 7366 6,93 6,550 6. 198 5.877 5,584 5 316 5,070 4.843 4.635 4.442 4.263 4,097 3.942 13.590 12.462 11.470 10.594 9818 9.129 8.514 7.963 7.469 7.025 6.623 6.259 5 929 5.628 5.353 5.101 4.870 4,657 4.460 4.279 4.110 3.954 21 22 23 24 25 14.029 12.821 11.764 10.836 10.017 9.292 8.649 8.075 7.562 7.102 6.687 6312 5.973 5665 5.384 5.127 4.891 4.675 4.476 4.292 4.121 3.963 14.451 13.163 12.042 11.061 10.201 9.442 8.772 8.176 7.645 7.170 6.743 6,359 6 011 5.696 5410 5.149 4.909 4.690 4,488 4.302 4.130 3.970 14.857 13 489 12.303 11.272 10.371 9.580 8.8B3 8 266 7.718 7230 6.792 6.399 6.044 5.723 5.432 5.167 4.925 4.703 4.499 4.311 4.137 3.976 15.247 13.799 12.550 11.469 10.529 9.707 8.985 8.348 7.784 7.283 6.835 6.434 6.073 5.746 5.451 5.182 4.937 4.713 4.507 4.318 4.143 3.981 15 622 14.094 12.783 11.654 10.675 9.823 9.077 8.422 7.843 7.330 6.873 6.464 6.097 5.766 5.467 5. 195 4.948 4.721 4.514 4 323 4.147 3985 1 26 27 28 29 30 40 15 983 14 375 13.003 11.826 10.810 9 929 9.161 8.488 7.896 7.372 6.906 6.491 6.118 5.783 5,480 5.206 4.956 4.728 4.520 4.328 4.151 3988 16 330 14.643 13 211 11.987 10.935 10.027 9237 8.548 7.943 7.409 6.935 6.514 6.136 5.798 5.492 5 215 4.964 4734 4.524 4332 4.154 3 990 16.663 14.898 13.406 12.137 11051 10.116 9.307 8.602 7.984 7.441 6.961 6,534 6.152 5810 5.502 5223 4.970 4.739 4.528 4.335 4.157 3.992 16 984 15.141 13.591 12 278 11.158 10.198 9370 8.650 8022 7.470 6.983 6551 6166 5820 5510 5229 4 975 4.743 4531 4.337 4.159 3994 17.292 15.372 13.765 12 409 11.258 10.274 9.427 8.694 8.055 7.496 7.003 6.566 6.177 5.829 5.517 5.235 4.979 4.746 4.534 4 339 4.160 3.995 19.793 17.159 15.046 13.332 11.925 10.757 9.779 8.951 8.244 7.634 7.105 6.642 6 233 5.871 5.548 5.258 4.997 4.760 4.544 4.347 4.166 3.999