- Powwwyormation 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 nachinery with a four year life and no salvage value. Project Z requires a $335,000 investment for new machinery with a hree-year life and no salvage value. The two projects yield the following predicted annual results. The company uses traight-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 Total expenses Pretax income Income taxes (28%) Net Income 52,500 75,000 135,000 27.000 289,500 85,500 23,949 $ 61,560 37,500 45,000 135,000 27.000 244,500 55.500 15, 540 $ 39,960 te each proiect's accounting rate of return 3. Compute each project's accounting rate of return Accounting Rate of Return Choose Denominator Choose Numerator: = Accounting Rate of Return Accounting rate of return Project Y Project Z