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if someone can answer numbers 6 and 7 that would be amazing! ...

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Accounting

if someone can answer numbers 6 and 7 that would be amazing!
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Lizzy, a strategic planner at Wild Products, is trying to decide which product to make and sell over the next 5 years. Lizzy gets a raise based on her company's Return on Investment which has been more that 18% in the last 3 years, Wild Products uses a discount rate of 16%. Below are the cost and revenue projections for each product: Gadgets Widge ts Initial Investment: Cost of Equipment (zero salvage value) S170,000 $380,000 Annual revenues and costs: Sales Revenue $250,000 350.000 Variable Expenses $120,000 $170. 000 Depreciation Expense $34.000 $76,000 Fixed out-of-pocket operating costs $70,000 $50,000 Requirements 1. Calculate the payback period for each product 2. Calculate the net present value for each product 3. Calculate the internal rate of return for each product 4. Calculate the project profitability index for each product 5. Calculate the simple rate of return for each product 6. Indicate which product is preferable based on cach of the above metrics 7. Which, if any, product should Lizry pursue and why

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