Project Y requires a $350,000 investment for new machinery with a four-year life and no...
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Project Y requires a $350,000 investment for new machinery with a four-year life and no salvage value.The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1, EV of S1, PVA of $1, and EVA of $1) Note: Use appropriate factors) from the tables provided. 
\begin{tabular}{lr} Annual Amounts & Project Y \\ Sales of new product & $350,000 \\ Expenses & 157,500 \\ Materials, labor, and overhead (except depreciation) & 87,500 \\ Depreciation-Machinery & 49,000 \\ Selling, general, and administrative expenses & $56,000 \\ \hline Income \end{tabular} 3. Compute Project Y 's accounting rate of return
The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1,
EV of S1, PVA of $1, and EVA of $1)
Note: Use appropriate factors) from the tables provided.
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