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Vilas Company is considering a capital investment of $216,000 in additional productive facilities. The new machinery is expected to have a useful life of 5

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Vilas Company is considering a capital investment of $216,000 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value. Depreciation is by the straight-line method. During the lfe of the l est ert, annu al net income and net an al cash flows are expected to be $13,716 and S540, respecti ely. VI as has a 12% cost of aptal rate, which is the required rate of return on the investment Click here to view PV table. Compute the cash payback period. (Round answer to I declmal place, e.g. 10.5 Cash payback period Compute the annual rate of return on the proposed capital expenditure.(Round answer to 2 decimal Annual rate of retun places, eg, 10.52%) Using the discounted cash flow technique, compute the net a-9. (45). Round answer for present value to O decimal places, e.g. 125. For calcul Net present value present value. (ar the net present value is negative, use alther a negative sign preceding the number e.g. -45 or parentheses ation purposes, use 5 decimal places as displayed in the fector table provided.) Click if you would like to Show Work for this question Ope Show Work

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