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Saved Help Save & ExitSub Almendarez Corporation is considering the purchase of a machine that would cost $220,000 and would last for 6 years. At

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Saved Help Save & ExitSub Almendarez Corporation is considering the purchase of a machine that would cost $220,000 and would last for 6 years. At the end of 6 years, the machine would have a salvage value of $21,500. By reducing labor and other operating costs, the machine would provide annual cost savings of $46,000. The company requires a minimum pretax return of 10% on all investment projects. (Ignore income taxes.) Click here to view Exhibit 1381 and Exhibit 138-2. to determine the appropriate discount factor(s) using the tables provided. The net present value of the proposed project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $(7544) $16.464 $/56,000 $(22,891) Saved Help Save & Exit Submit Devon Corporation uses a discount rate of 8% in its capital budgeting. Partial analysis of an investment in automated equipment with a useful life of 8 years has thus far yielded a net present value of -$500,141. This analysis did not include any estimates of the intangible benefits of automating this process nor did it include a estimate of the salvage value of the equipment. (lgnore income taxes.) Click here to view Exhibit 13B1 and Exhibit 138.2 to determine the appropriate discount factors) using the tables provided. Required: a. Ignoring any salvage value, how large would the additional cash flow per year from the intangible benefits have to be to make the investment in the automated equipment financially attractive? b. Ignoring any cash flows from intangible benefits, how large would the salvage value of the automated equipment have to be to make the investment in the automated equipment financially attractive? (Round your final answers to the nearest whole dollar amount.) a Minimum annual cash flows b Minimum salvage value $ 926,187 6 Help Save & Exit Submit Saved The management of Nixon Corporation is investigating purchasing equipment that would cost $540.000 and have a 7 year life with no salvage value. The equipment would allow an expansion of capacity that would increase sales revenues by $375,000 per year and cash operating expenses by $216,500 per year. (Ignore income taxes) Required: Determine the simple rate of return on the investment. (Round your answer to 1 decimal place.) rate of return

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