QUESTION 2 [59 Marks] Jack Devaro, the CEO of Angela Designer Bags, has requested that you assist with completing the Replacement Analysis that the Finance Manager, who abruptly resigned a week ago, was busy completing. Devaro has provided you with a snapshot of what he could salvage from the previous Finance Manager's computer and has requested that you calculate the rest of the amounts indicated in the snapshot below. 2.2. Determine how long it will take to recoup the initial investment. [27 Marks] CEO instructions: - Make use of the following snapshot to determine the payback period using Excel. - Make use of IF statement, COUNT and ABS functions in column C to determine the payback period. - Make use of cell referencing in Column B to figures calculated in question 2.1. - Fill the cell in column A in yellow to highlight the payback period. - Include the normal view and formula view in separate sheets before converting your assignment to PDF as per the assessment instructions. Mark allocation: Normal view - 14 Marks QUESTION 2 [59 Marks] Jack Devaro, the CEO of Angela Designer Bags, has requested that you assist with completing the Replacement Analysis that the Finance Manager, who abruptly resigned a week ago, was busy completing. Devaro has provided you with a snapshot of what he could salvage from the previous Finance Manager's computer and has requested that you calculate the rest of the amounts indicated in the snapshot below. 2.2. Determine how long it will take to recoup the initial investment. [27 Marks] CEO instructions: - Make use of the following snapshot to determine the payback period using Excel. - Make use of IF statement, COUNT and ABS functions in column C to determine the payback period. - Make use of cell referencing in Column B to figures calculated in question 2.1. - Fill the cell in column A in yellow to highlight the payback period. - Include the normal view and formula view in separate sheets before converting your assignment to PDF as per the assessment instructions. Mark allocation: Normal view - 14 Marks