possible * Play Life Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1.1 million. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows: Click the icon to view the data.) Calculate the sandbox toy project's payback period. If the sandbox toy project had a residual value of $150,000, would the payback period change? Explain and recalculate if necessary. Does this investment pass Play Life's payback period screening rule? Calculate the sandbox toy project's payback period. First, enter the formula, then calculate the payback period. (Enter amounts in dollars, not millions. Round your answer to two decimal places. Abbreviation used: Amt. = Amount.) Full years +( Amt. to complete recovery in next year Projected net cash inflow in next year T )= Payback years 2+ If the sandbox toy project had a residual value of $150,000, would the payback period change? Explain and recalculate if necessary. the asset's useful operating life and is not affected. The cash inflow from any residual taken into account when calculating the If the investment had a $150,000 residual value, the payback period would not be value would occur at the end of payback period. (Round your answer to two ducimal places.) The payback period if the sandbox toy project had a residual value of $150,000 is years. Choose from any list or enter any number in the input fiolds and then continue to the next question. Save for Later 2 Play Life Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1.1 million. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows: Click the icon to view the data.) Calculate the sandbox toy project's payback period. If the sandbox toy project had a residual value of $150,000, would the payback period change? Explain and recalculate if necessary. Does this investment pass Play Life's payback period screening rule? Full years+( Amt. to complete recovery in next year Projected net cash inflow in next year )= Payback 2+( If the sandbox toy project had a residual value of $150,000, would the payback period change? Explain and recalculate if necessary. If the investment had a $150,000 residual value, the payback period would not be value would occur at the end of the asset's useful operating life and is not payback period. (Round your answer to two decimal places.) The payback period if the sandbox toy project had a residual value of $150,000 is Does this investment pass Play Life's payback period screening rule? years affected. The cash inflow from any residual taken into account when calculating the years. The payback period is 3.5 years, so it Play Life's initial screening. Choose from any list or enter any number in the input fields and then continue to the next question. ay Life Products is achines, each cost tterns of predicted (Click the icon to alculate the sandbo Data Table Annual Net Cash Inflows - equire different speci The two products ha Toy action figure Sandbox toy Year project project riod change? Expl lue of $150,000, wou back period screening Year 1 428,750 $ 510,000 Full years +( Year 2 428,750 360,000 w in next year 2+( Year 3 428,750 330,000 )= the sandbox toy pr Year 4 428,750 275,000 Explain and recalcula ecessary. 428,750 40,000 Year 5 the investment had $ 2,143,750 $ 1,515,000 Total alue would occur a ayback period. Play Life will consider making capital investments only if the payback period of the project is less than 3.5 years and the ARR exceeds 8%. he cash inflow from am account when calculat Round your answer The payback period Print Done ars. Does this investment pass Pray cle's payback period screening rule? The payback period is 3.5 years, so it Play Life's initial screening. Play Life Products is considering producing toy action figures and sandbox toys. The products require different specialized machines, each costing $1.1 million. Each machine has a five-year life and zero residual value. The two products have different patterns of predicted net cash inflows: (Click the icon to view the data.) Calculate the sandbox toy project's payback period. If the sandbox toy project had a residual value of $150,000, would the payback period change? Explain and recalculate if necessary. Does this investment pass Play Life's payback period screening rule? Full years 2 +( Amt. to complete recovery in next year Projected net cash inflow in next year = Payback )= years If the sandbox toy project had a residual value of $150,000, would the payback period change? Explain and recalculate if necessary. If the investment had a $150,000 residual value, the payback period would not be the asset's useful operating life and is not value would occur at the end of affected. The cash inflow from any residual taken into account when calculating the payback period. (Round your answer to The payback period if t equal to less than ect had a residual value of $150,000 is years. Does this investment p more than ack period screening rule? The payback period is 3.5 years, so it Play Life's initial screening. Choose from any list or enter any number in the input fields and then continue to the next question. Save for I ater