Question: help check my work pls - 4 parts 1 problem Saved Salsa Company is considering an investment in technology to improve its operations. The investment


Saved Salsa Company is considering an investment in technology to improve its operations. The investment costs $242,000 and will yield the following net cash flows. Management requires a 8% return on investments (PV of $1. FV of $1. PVA of $1, and FVA 0f $1 (Use appropriate factor(s) from the tables provided.) Year 1 2 3 4 5 VAN Net cash flow $ 47,600 53,000 76,188 94,200 126,700 Required: 1. Determine the payback period for this investment 2. Determine the break-even time for this investment 3. Determine the net present value for this investment 4. Should management invest in this project based on net present value? Complete this question by entering your answers in the tabs below. Required Required 2 Required Required 4 Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback period answer to 1 decimal place) Year Net Cash Flows Cumulative Net Cash Flows $ Initial investment Year 1 Year 2 Year 3 Year 4 Years (242,000) 47 600 53.000 75.100 94200 126,700 Payback period Required 1 Required 2 Required 3 Required 4 Determine the break-even time for this investment. (Enter cash outflows with a minus sign. Round your break-even time answer to 1 decimal place.) Year Net Cash Flows Present Value of Present Value of net 1 at 8% Cash Flows per Year (242,000) Cumulative Present Value of Net Cash Flows $ Initial investment Year 1 Year 2 Year 3 0 Year 4 0 Year 5 0 Break-even time years Required 1 Required 2 Required 3 Required 4 Determine the net present value for this investment. Net present value Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Should management invest in this project based on net present value? Should management Invest in this project based on net present value?
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