Raul is considering the purchase of a new equipment that will cost Php640,000 and have a life of five years with no expected salvage value. The expected cash flows associated with the project are as follows: Year 1 2 3 4 5 Cash revenues Php600,000 600,000 600,000 600,000 600,000 a. 2.93 years b. 3.48 years d. 35. What is the accounting rate of return for the project? a. 31.25% c. 37.50% b. 43.75 d. 47.00% Year 1 2 3 4 5 36. What is the payback period? a. 2.93 years b. 3.48 years 37. What is the bailout period? Cash expenses and Depreciation Php360,000 RCA Company plans to purchase a cutting machine costing Php245,000 that will increase the efficiency of the Company's production process. Annual increases in cash flows as a result of using the machine and the estimated salvage value at any point of each year are given below: Cash inflow Php105,000 60,000 54,000 46,000 37,200 Salvage value Php87,500 49,000 17,500 c. 3.00 years d. 3.56 years c. 3.00 years d. 3.56 years 360,000 360,000 360,000 360,000 3,500 1,750 y book folder ere to