u cash inflows would increase by $80,000, and annual cash outflows would I Compute the cash payback period. DO IT! 25.2 \\LO 2), AN Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $40,000. The company's required rate of return is 12%. Calculate the net present value on this project and dis- cuss whether it should be accepted. DO IT! 25.3 (LO 3), AP Ranger Corporation has decided to invest in renewable energy sources to