There's a total of 4 quetions needed to be answered

Garcia Company can invest in one of two alternative projects. Project 'r' requires a $420,000 initial investment for new machinery wit a fouryear life and no salvage value. Projeth requires a $450,000 initial investment for new machinery with a threeyear life and nc salvage value. The two projects yield the following annual results. Cash ows occur evenly within each year. lP'v' of $_l, F'v' of $1, $1, and FVA of $1) [Use appropriate factorls} from the tables providedJ Annual Amounts Project Y Project 2 Sales of new product $ 4?0,000 5 438,000 Expenses Materials, labor, and overhead (except depreciation) 215,000 198,000 Depreciationi'lachiner'yr 105,000 150,000 Selling, general, and administrative expenses 59,399 495939 Income $ 91,399 5 415939 Required: 1. Compute each project's annual net cash flows. 1 Compute each project's payback period. lfthe company bases investment decisions solely on payback period, which project will i' choose? 3. Compute each project's accounting rate of return. lfthe company bases investment decisions solely on accounting rate of return. which project will it choose? 4. Compute each project's net present value using 8% as the discount rate. lfthe company bases investment decisions solely on net present value, which project will it choose? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute each project's annual net cash flows. Sales ofnew product 5 Ardour] s 4mm -- Materials, labor. and overhead {except depreciation] 215,000 193,000 _ DepreciationMachinery 105,000 1511mm _ Selling, general, and administrative expenses 59,000 49,000 - Income $ 91,000 Net cash ow Required: 1. Compute each project's annual net cash flows. 2'. Compute each project's payback period. lfthe company bases investment decisions solely on payback period, which project will it choose? 3. Compute each project's accounting rate of return. lfthe companyr bases investment decisions solely on accounting rate of return, which project will it choose? 4. Compute each project's net present value using 8% as the discount rate. Ifthe company bases investment decisions solely on net present value, which project will it choose? Complete this question by entering your answers in the labs below. Required 1 Required 2 Required 3 Required 4 Payback period Project Y Project Z If the cornpuanj.r bases investment decisions solely on payback period, which project will it choose? ( Required1 Required3 > Required: 1. Compute each project's annual net cash flows. 2 Compute each project's payback period. lfthe company bases investment decisions solely on payback period, which project will it choose? 3. Compute each project's accounting rate of return. lfthe company bases investment decisions solely on accounting rate of return, which project will it choose? 4. Compute each project's net present value using 8% as the discount rate. lfthe company bases investment decisions solely on net present value, which project will it choose? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute each project's accounting late of return. If the company bases investment decisions solely' on accounting late of return, which project will it choose? Accounting rate of return Project Y Project Z If the company bases investment decisions solely on accounting rate of return' which project will it choose? Required: 1. Compute each project's annual net cash flows. 2 Compute each project's payback period. lfthe company bases investment decisions solely on payback period, which project will it choose? 3. Compute each project's accounting rate of return. lfthe company bases investment decisions solely on accounting rate of return, which project will it choose? 4. Compute each project's net present value using 8% as the discount rate. lfthe company bases investment decisions solely on net present value, which project will it choose? Complete this question by entering your answers in the labs below. Required 1 Required 2 Required 3 Required 4 Compute each project's net present value using 8% as the discount late. If the company bases investment decisions solely on net present value, which project will it choose? (Do not round intermediate calculations. Round your present value factor to 4 decimals and nal answers to the nearest whole dollan} Net present value If the company bases investment decisions solely on net present value, which project will it choose? ( Required 3