Rihanna Company is considering purchasing new equipment for $453,600. It is expected that the equipment will produce net annual cash flows of $54,000 over its 10-year useful life. Annual depreciation will be $45,360. Compute the cash payback period. (Round answer to 1 decimal place, e.g. 10.5.)

Cash payback period

enter the cash payback period in years rounded to 1 decimal place

years

Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $168,920, net annual cash flows $36,000, and present value factor of cash inflows for 10 years is 5.02 (rounded). (If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45).) Determine the net present value, and indicate whether the investment should be made.

Net present value

$enter the net present value in dollars

The investment select an option

shouldshould not

be made.