Question 14 of 30 -12 View Policies Current Attempt in Progress Splish Brothers Corp. is considering the purchase of a plece of equipment that costs $30000. Projected net annual cash flows over the project's life are: Year Net Annual Cash Flow 1 $ 9000 2 13000 10000 11000 The cash payback period is 0 2.80 years 2.43 years O 186 years 271 years > Question 13 of 30 -71 View Policies Current Attempt in Progress The accumulation of accounting data on the basis of the individual manager who has the authority to make day-to-day decisions about activities in an area is called O static reportine flexible accounting O master budgeting o responsibility accounting Suve for car Attempts: 0 of 1 used Submit Answer Question 11 of 30 -12 View Policies Current Attempt in Progress Swifty Company is considering two capital investment proposals. Estimates regarding each project are provided below. Project Soup Project Nuts Initial investment $400000 $600000 Annual net income 12000 28000 Net annual cash inflow 90000 113000 Estimated useful life 5 years 6 years Salvage value 0 0 The company requires a 10% rate of return on all new investments Periods 5 6 Present Value of an Annuity of 1 996 10% 11% 1296 3.890 3.791 3.696 3.605 4.486 4355 4.231 4.111 The annual rate of return for Project Soup is 03.096 O 45096 6.0% 22.596 Santorin Attempts: 0 of 1 used Submit