req 1 and 2

Anna's Bakery plans to purchase a new oven for its store. The oven has an estimated useful le of years. The estimated pretax cash fows for the oven are as shown in the table that follows, with no anticipated change in working capital Anna's Bakery has a 145 ster-tax required rate of return and a 35% income tax rate. Assume depreciation is calculated on a right-in basis for tax purpones using the initial investment in the oven and its estimated terminal disposalue Assume al cash lows our at year-end except for all investment amounts Click the icon to view the estimated cash flows for the oven) Present Value of $1 table Present of Annuity of 1 table Future Value of the Faire Value of Annuity State Restaurants Requirement 1. Calculate () ne present value.puyack period, and (einmal rate of retum 3. Net present stue. (Use factors to three decimal pieces, XXX. Round intermedeny calculations and your final answer to the nearest whole dolar) The representa 2.741 . Payback period. Round your answer to two decimal proces Data Table The payback period in years Requirements 1. Calculato (e not presentan) payback period, and (c) intamal rate of return 2. Calculate accrual accounting rate of ruhum based on net initial investment + 2 nitial oven vestment Annual cash flows from operations 4 excluding the depreciation effect) 5 cash flow from terminal disposal of oven Relevant Cash Flows and of Each Your Year 1 Year 2 Year ( 1.000 S 77.000 77.000 77.000 77.000 6,000 $ Print Done Print Done Emerary number in the edhfelds and then click Check Answer parts Clear All Final Check Reference working capital Anna's sposal value. Assume 10% O 909 Present Value of $1 Periods 2% 4% Period 1 0.980 0.962 Period 2 0.961 0.925 Period 3 0.942 0.889 Period 4 0.924 0.855 Periods 0.906 0.822 Period 6 0.888 0.790 Period 7 0.871 0.760 Period 8 0.853 0.731 Period 9 0.837 0.703 Period 10 0.820 0.676 Period 11 0.804 0.650 Period 12 0.788 0.625 Period 13 0.773 0.601 Period 14 0.758 0.577 Period 15 0.743 0.555 Period 16 0.728 0.534 Period 17 0.714 0.513 Period 18 0.700 0.494 Period 19 0.686 0.475 Period 20 0.673 0.456 Period 21 0.660 0.439 Period 22 0.647 0422 Period 23 0634 0.406 Period 24 0.622 0.390 Period 25 0.610 0.375 6% 8% 0.943 0.926 0.890 0.857 0.840 0.794 0.792 0.735 0.747 0.681 0.706 0.630 0.665 0.583 0.627 0.540 0.592 0.500 0.558 0.463 0.527 0.420 0.497 0.397 0.469 0.368 0.442 0.340 0.417 0.315 0.394 0.292 0.371 0.270 0.350 0.250 0.331 0.232 0.312 0.215 0.2014 0.199 0.278 0.184 0.262 0.170 0.247 0.158 0.233 0.146 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 0.350 0319 0.290 0.263 0.239 0.218 0.198 0.180 0.164 0.149 0.135 0.123 0.112 0.102 0.092 12% 14% 16% 0.893 0877 0.862 0.797 0.769 0.743 0.712 0.675 0.641 0.636 0.592 0.552 0.567 0.519 0.476 0.507 0.456 0.410 0.452 0.400 0.354 0.404 0.351 0.305 0.361 0.308 0.263 0.322 0.270 0.227 0287 0.237 0.195 0.257 0.208 0.168 0.229 0.182 0.145 0.205 0.160 0.125 0.183 0.140 0.108 0.163 0.123 0.093 0.146 0.108 0.080 0.130 0.095 0.069 0.116 0.083 0.060 0.104 0.073 0.051 0.093 0.064 0.083 0.056 0.038 0.074 0.049 0.033 0.066 0.043 0.028 0.059 0.038 0.024 18% 0847 0.718 0.609 0.516 0.437 0.370 0.314 0.266 0.225 0.191 0.162 0.137 0.116 0.099 0.084 0.071 0.060 0.051 0.043 0.037 0.031 0.026 0.022 0.019 0.016 20% 0.833 0.694 0.579 0.482 0.402 0.335 0.279 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.054 0.045 0.038 0.031 0.026 0.022 0.018 0.015 0.013 0.010 22% 0.820 0.672 0.551 0.451 0.370 0.303 0.249 0.204 0.167 0.137 0.112 0.092 0.075 0.062 0.051 0.042 0.034 0.028 0.023 0.019 0.015 0.013 0.010 0.008 0.007 24% O 806 0.650 0.524 0.423 0.341 0275 0.222 0.179 0.144 0.116 0.00 0.076 0.061 0.049 0.040 0.032 0.026 0.021 0.017 0.014 0.011 0.009 0.007 0.006 0.005 26% 0.794 0.630 0.500 0.397 0.315 0.250 0.198 0.157 0.125 0.099 0.079 0.062 0.050 0.039 0.031 0.025 0.020 0.016 0.012 0.010 0.008 0.006 0.005 0.004 0.003 28% 0.781 0.610 0.477 0.373 0.291 0.227 0.178 0.139 0.108 0.085 0.066 0.052 0.040 0.032 0.025 0.019 0.015 0.012 0.009 0.007 0.006 0.004 0.003 0.003 0.002 30% 0.769 0.592 0.455 0.350 0.269 0.207 0.159 0.123 0.094 0.073 0.056 0.043 0.033 0.025 0.020 0.015 0.012 0.009 0.007 0.005 0.004 0.003 0.002 0.002 0.001 0.758 0.574 0.435 0.329 0.250 0.189 0.143 0.108 0.082 0.062 0.047 0.036 0.027 0.021 0.016 0.012 0.009 0.007 0.005 0.004 0.003 0.002 0.002 0.001 0.001 40% Periods 0.714 Period 1 0.510 Period 2 0.364 Period 3 0.260 Period 4 0.186 Period 5 0.133 Period 6 0.095 Period 7 0.068 Period 8 0.048 Period 9 0.035 Period 10 0.025 Period 11 0.018 Period 12 0.013 Period 13 0.009 Period 14 0.006 Period 15 0.005 Period 16 0.003 Period 17 0.002 Period 18 0.002 Period 19 0.001 Period 20 0.001 Period 21 0.001 Period 22 0.000 Period 23 0.000 Period 24 0.000 Period 25 0044 Print Done tal Check Reference working capital. Anna's sposal value Assume 26% 0.794 1886 12% 0.893 1.690 2402 3037 3605 1424 2577 16% 0.862 1.605 2.246 2.798 3.274 3.685 20% 0.833 1.528 2.100 2 589 2.991 3.326 3.605 3.837 4.031 4.192 4327 32% 0.758 1.331 1.766 2 096 2345 2534 Present Value of Annuity of $1.00 in Arrears Periods 6% 8% 10% Period 1 0.90 0.962 0.943 0.926 0.909 Period 2 1.942 1.833 1.783 1.736 Period 3 2884 2.775 2.673 2.467 Period 4 3.808 3.630 3.465 3.312 3.170 Period 5 4.713 4.452 4.212 3.993 3.791 Period 6 5.601 5.242 4.917 4.623 4.355 Period 7 6.472 6.002 5.582 5.206 Period 8 7.325 6.733 6.210 5.747 5.335 Period 9 8.162 7435 6.802 6.247 5.759 Period 10 8.933 8.111 7.360 6.710 6.145 Period 11 9.787 8.760 7.887 7.130 6.495 Period 12 10.575 9.385 8.384 7.536 Period 13 11.348 9.986 8.853 7.904 7.103 Period 14 12.106 10.563 9.295 8.244 7.367 Period 15 12.849 11.118 9.712 8.550 Period 16 13.578 11.652 10.106 8.851 7824 Period 17 14 292 12.166 10477 9.122 Period 18 14.992 12.659 10.828 9.372 8.201 Period 19 15,678 13.134 11.158 9.604 8.365 Period 20 16 351 13.500 11.470 9.818 8.514 Period 21 17.011 14.029 11.764 10.017 8.649 Period 22 17.658 14.451 12.042 10.201 8.772 Period 23 18 292 14.857 12.303 10.371 8.883 Period 24 18.914 15.247 12.550 10520 8.985 Period 25 19.523 15.622 12.783 10,675 9.077 18% 0.847 1.566 2.174 2690 3.127 3.498 3.812 4.078 4,303 4494 4.656 4.793 4.910 5.000 14% 0.877 1.647 2322 2.914 3.433 3.889 4.288 4.639 4.946 5.216 5.453 5.660 5.842 6.002 6.142 6.265 6.373 6.467 6.550 6.623 6.687 6.743 6.792 6.835 6.873 4.968 5328 5650 5.938 6.194 6.424 4.344 4,607 4.833 5.020 5.197 5.342 5.468 5.575 5.666 5.749 5.816 5.877 22% 0.820 1.492 2.042 2.494 2.864 3.167 3.416 3.619 3.786 3.923 4.035 4.127 4.203 4.266 4.315 4.357 4.391 4.419 4.442 4.400 4.476 4.488 4.499 4507 4.514 24% 0.806 1457 1.981 2.404 2.745 3.020 3.242 3.421 3.566 3.682 3.776 3.851 3.912 3.962 4.001 4,033 4.050 4.080 4,097 4.110 4.121 4.130 4.137 4.143 1.923 2.320 2.635 2.885 3.083 3.241 3.366 3.465 3.543 3.606 3.656 3.695 3.726 3.751 3.771 3.786 3.790 3.808 3.816 3.822 3.827 3.831 3.834 28% 30% 0.781 0.769 1.392 1961 1.868 1.816 2.241 2.166 2.532 2436 2.759 2.643 2.937 2.802 3.076 2.925 3.184 3,019 3.269 3.092 3.335 3.147 3.387 3.190 3.427 3.223 3459 3.249 3483 3.260 3.503 3.263 3.518 3.295 3.520 3.304 3.530 3.311 3.546 3.316 3.551 3.320 3.556 3.323 3.559 3.325 3.562 3.327 3.564 3.329 4.533 4.611 4.675 4.730 4.775 4.812 4.843 4.870 4.891 5.162 40% Periods 0.714 Period 1 1.224 Period 2 1.589 Period 3 1.849 Period 4 2.035 Period 5 2.168 Period 6 2.263 Period 7 2.331 Period 8 2.379 Period 2414 Period 10 2438 Period 11 2.456 Period 12 2.469 Period 13 2.478 Period 14 2.484 Period 15 2489 Period 16 2492 Period 17 241 Period 18 2496 Period 10 2.497 Period 20 2.498 Period 21 2.498 Period 22 2499 Period 23 2.499 Period 24 2.499 Period 25 5 222 6.811 6.974 7.120 7.250 7.366 7.469 7.562 7.645 7.718 7.784 7.843 2.786 2868 2930 2978 3013 3.040 3.061 3.076 3086 3.097 3.104 3.109 3.113 3.116 3.118 3.120 3.121 3.122 5.973 6.011 6.044 6,073 6.097 5.273 5.316 5.353 5.354 5.410 5.432 5.451 5.467 4.925 4.937 448 4.147 Print Done hal Check Reference pital. Anna's Assume 32% 26% 1.260 1.566 2.000 2.520 28% 1280 1.638 2097 1.574 1.611 1689 1925 4.002 5.042 6.353 8.005 10.00 12.700 Compound Amount of $1.00 (The Future Value of $1.00) Periods 2% 6% 10% 12% 14% 16% 18% 20% Period 1 1.020 1.040 1000 1.080 1.100 1.120 1.140 1.160 1.180 1200 Period 2 1.040 1082 1.124 1.166 1.210 1.254 1.300 1 346 1.392 1.440 Period 3 1.061 1.125 1.191 1331 1405 1501 1.643 1.728 Period 4 1.082 1.170 1.262 1.360 1464 1.811 1.939 2074 Period 5 1.104 1.217 1.338 1469 1.762 2.100 2488 Period 6 1.126 1.265 1419 1.587 1.772 1.974 2.195 2436 2.700 2.986 Period 7 1.149 1.316 1.504 1.714 1.949 2211 2.502 2826 3.185 3.583 Period 8 1.172 1360 1.594 1.851 2.144 2476 2.853 3.278 3.759 4300 Period 1.195 1423 1.689 1.999 2.356 2.773 3.252 3.803 4.435 5.160 Period 10 1.219 1.480 1791 2.150 2,504 3.106 3.707 4411 5.234 6.192 Period 11 1.243 1.539 1.898 2.312 2.853 3.479 4.226 5.117 6.178 7430 Period 12 1.268 1601 2012 2.518 3.138 3.800 4.818 5.936 7.280 Period 13 1294 1665 2.720 3.452 5.492 6.886 Period 14 1.319 1.732 10.699 2.261 2.937 3.797 4.887 6.261 7.988 10.147 12.839 Period 15 1.346 1.801 2.397 3.172 4.177 7.130 9.266 11.974 15.407 Period 16 1.373 1.873 2.540 3426 4.595 6.130 8.137 10.748 14.129 18.488 Period 17 1.400 1.948 2693 3.700 5,054 6.866 9.276 12.468 16.672 22.186 Period 18 1428 2026 2854 3.996 7.690 10.575 14.463 19.673 26.623 Period 19 1457 2.107 3.026 4.316 6.116 8.613 12.056 16.777 23.214 31.948 Period 20 1.486 2.191 3207 6.727 9.646 13.743 19.461 27.393 38.338 Period 21 1.516 2 279 3400 5.034 7400 10.804 15.668 22 574 32.324 46.005 Period 22 1.546 2.370 3.604 5.437 8.140 12.100 17.861 26.186 38.14255.206 Period 23 1.577 2465 3.820 5.871 8.954 13.552 20,362 30.376 45.008 66.247 Period 24 1.608 2.563 4049 6.341 9.850 15.179 23.212 35 236 53.109 79.497 Period 25 1041 2000 4292 6.88 10,835 17.000 26.462 40.874 62.600 95 396 30% 1.300 1.690 2.197 2.856 3.713 4.827 6.275 8.157 10.604 13.786 17.922 23.298 8.916 22% 24% 1.220 1.240 1.488 1.538 1.816 1.907 2.215 2.364 2.703 2.932 3.297 3.635 4.023 4.508 4.800 5.500 5.987 6.931 7305 8.50 8.912 10.657 10.872 13.264 16.388 16.182 20.319 19.742 25.196 24.036 31.243 29.384 38.741 35.849 48.039 43.736 59.568 53 358 73.864 65.000 91.592 79.418 113.574 96.889 140.831 118 205 174,631 144 210 216.542 13.215 16.012 2.133 30.288 40% Periods 1.400 Period 1 1.960 Period 2 2.744 Period 3 3.842 Period 4 5.378 Periods 7.530 Period 10.541 Period 7 14.758 Periods 20.661 Period 9 28.925 Period 10 40.496 Period 11 56.694 Period 12 79.371 Period 13 111.120 Period 14 155.568 Period 15 217.795 Period 16 304.913 Period 17 426.879 Period 18 597.630 Period 19 836,683 Period 20 1171.356 Period 21 1639.899 Period 22 2295,857 Period 23 3214.200 Period 24 490.000 Period 25 1.742 2.300 3.036 4.007 5.290 6.983 9.217 12.166 16.060 21.199 27,983 36.937 48.757 64,350 84.954 112.139 148.024 195.391 257,916 340 449 449 393 593.199 703.023 1033.500 2684 3.436 4.398 5.629 7206 9.223 11.808 15.112 19.343 24.750 31.691 40.565 51.923 66.461 85.071 108.890 139.380 178.406 228.360 202.300 374.144 478.905 20.175 25.421 32.030 40.356 50.851 64,072 80.731 101.721 128.169 161 492 5.474 39.374 51.186 66.542 86 504 112455 146.192 190 050 247065 321.184 417539 542 801 705641 256.385 323.045 Print Done Anna's ume 24% 26% 20% 30% 12% 40% 1.000 1000 1000 3.910 2160 1000 2.300 1000 2320 1000 2400 4779 3.640 5368 3.990 6.187 7.104 10.946 16.324 15 8.115 8.53 1600 2.260 3.848 5.848 11.544 15.546 20 588 26.140 54.945 Period 7 11.414 12.142 Period; 22.16 7 VAN Reference Compound Amount of Annuity of $1.00 in Arrears" (Future Value of Annuity) Periods 2% 4% 6% 8% 10% 12% 14% 10% 10% 20% 22% Period 1 1.000 1.000 1.000 1.000 1.000 1000 1000 1.000 1 000 1.000 Period 2 2020 2040 2060 200 2.100 2.120 2140 2.180 2200 2.220 Period 3 3.060 3.122 3.184 3.246 3.310 3.374 3.506 3.572 3.700 Period 4 4.122 4.246 4.375 4.506 4.641 4921 5.066 5.215 5.524 Period 5 5204 5.416 5.637 5.867 6.105 6.363 6.610 6.877 7.154 7.740 Period 16 6.308 6.633 6.975 7.338 7.716 8.977 9442 10442 7434 8.394 8.923 9.487 10.089 10.730 12916 13.740 Period 8 8.583 9.214 9.897 10.637 11436 12.300 13.233 14.240 15.327 16.499 17.782 Period 9.755 10.640 11401 12488 13.579 14.776 16.085 17.510 10.000 20.799 22.670 Period 10 10.950 12.006 13.181 14.487 15.907 17.540 10.387 21.321 231 25.959 28.657 Period 11 12. 169 13.486 14.972 16.645 18.531 20.655 23.045 25.733 28.755 32.150 35.902 Period 12 13.412 15.026 16.870 18.977 21.384 24.133 27.271 30 850 34.991 39.581 44.874 Period 13 14.680 16.627 18.882 21 496 24.523 28.029 32.089 36 786 42219 48.497 55.746 Period 14 15 974 18.292 21.015 24 215 27.975 32.393 37.581 43 672 50 818 59. 196 69010 Period 15 17,203 20.024 23.278 27.152 31.772 37.280 43.842 51.000 60.005 72035 85.192 Period 16 18 630 21.625 25.673 30.324 35.950 42.753 50.980 60.925 72.900 87 447 104935 Period 17 20.012 23.00 26213 39.780 40.546 48.84 0.110 71672 67.000 10.00! 120020 Period 18 21.412 25.645 30.906 37 450 45.500 55.750 68.39484.141 103.740 128.117 158405 10 2281 2287133.00 41 446 1.180 63.440 78.000 98.003 123414 151.740 Perlod 20 24207 20.770 45.702 57.275 22062 91025 116.146.629 106.66 Period 21 25.783 31.10 39.993 $0.423 64.002 01.600 104.760 134.841 Period 22 27 299 34.248 43.392 56.457 71.403 $2.503 120.436 157 415 206 345 271.031 356.443 Period 23 28.845 36.618 46.906 60.893 79.543 104.603 138.297 183.601 244.487 326 237 435.861 Period 24 30.422 39.083 50.816 66.765 88.497 118.156 158.659 213.976 289.494 392.484 532.750 Period 25 32 030 41.646 54.865 73.106 98.347 133.334 181.871 249.214 342.603 471.981 650965 2240 3.778 5.684 8.048 10.960 14615 19.123 24.712 31.643 40.238 50.895 64. 110 80.405 100.815 126.011 157.253 4.062 6.362 9.300 13.400 18.06 25.678 34.896 47082 63.122 84.320 112 303 149 240 23.850 0395 69.814 49.153 2.280 6.016 8.368 8.700 12.136 16.54 saw 29.00 38.53 45031 50.30 57.739 65.510 73.751 84.853 93 920 109.612 119.347 141.303 151 377 181.860 191735 233.791 242585 300.252 306650 387380 494213 489.110 1.593 617 278 811.900 778771 1040 358 982 251 1332650 1238 656 1706.803 98.730 139.235 Periods Period 1 Period 2 Period 3 Period 4 Period Period Beded Period Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 10 Period 17 Period 10 12.756 17.583 23.858 32015 42610 56.405 74.327 97.625 127 913 167 206 218.472 285,014 371.516 483973 650 165 820.216 1067.280 1388.454 1800.003 2348.603 275.00 17. 202 356 17.300 450 449 5410 75.764 10046 1401.670 Periodo 35.0 BOTAN 2379 2914 303.601 3775 602 303 1060.779 1401229 693 Period 19 Period 20 Period 21 2000 200 2825889 469.056 582.630 723.461 90.092 1850 622 2443 821 3226.844 4097.245 5737.142 80320 11247.100 Period 22 Period 23 Period 24 Period 25 .. 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