two part question

Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) Project A requires a $395,000 initial investment for new machinery with a five-year life and a salvage value of $31,500. The company uses straight-line depreciation. Project A is expected to yield annual net income of $24,100 per year for the next five years. QS 25-5 Payback period LO P1 Compute Project A's payback period. Payback Period Choose Denominator: Choose Numerator: Payback Period Payback period Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.) Project A requires a $395,000 initial investment for new machinery with a five-year life and a salvage value of $31,500. The company uses straight-line depreciation Project A is expected to yield annual net income of $24,100 per year for the next five years. QS 25-6 Accounting rate of return LO P2 Compute Project A's accounting rate of return. Accounting Rate of Return Choose Denominator: Choose Numerator: Accounting Rate of Return Accounting rate of return