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Vilas Company is considering a capital investment of $190,600 in additional productive facilities. The new machinery is expected to have a usefu life of 5

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Vilas Company is considering a capital investment of $190,600 in additional productive facilities. The new machinery is expected to have a usefu life of 5 years with no salvage value. Depreciation is by the straight-line method. During the life of the investment, annual net income and net on the investment Click here to view PV table. (a) Compute the cash payback period (Round answer to 2 decimal places, 6.8. 10.50) Cash payback period years Compute the annual rate of return on the proposed capital expenditure. (Round answer to 2 decimal places, eg. 10.50) Annual rate of return (b) Using the discounted cash flow technique, compute the net present value. (if the net present value is negative use either a negaths preceding the numbers 45 or parentheses (451. Round answer for present value to decimar places . 125. For calculation purposes, se decimar displayed in the factor table provided) Net present value

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