Please show ALL work Proposal X Proposal Y Investment $850,000 $468,000 Useful Life...
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Accounting
Please show ALL work
Proposal X Proposal Y
Investment $850,000 $468,000
Useful Life 8 years 8 years
Est. Annual Net cash flows for 8 years $125,000 $78,000
Residual Value $40,000 $-
Depreciation Method Straight-Line Straight-Line
Required rate of return 14% 10%
1a. How long is the payback period for proposal X? Show all work
1b. What is the accounting rate of return for proposal Y? Show all work
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