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Page 3 of 3 Q4. Compute the cash payback period for a capital investment. Kitkat Company is considering purchasing new equipment for $550,000. It is expected that the equipment will produce net annual cash flows of $50,000 over its 10-year useful life. Annual depreciation will be $55,000. Compute the cash payback period. Q5. Compute the cash payback period for an investment. XYZ Company is considering a long-term investment project called ZIP. ZIP will require an f150000 It mill have a yseful life of 3 years and no salvage value. Annual cas