ht t html ork Required information Problem 24-2A Analysis and computation of payback period, accounting rate of return, and net present value LO P1, P2, P3 [The following information applies to the questions displayed below Most Company has an opportunity to invest in one of two new projects. Project Y requires a $340,000 investment for new machinery with a four-year life and no salvage value. Project Z requires a $340,000 investment for new machinery with a three-year lfe and no salvage value. The two projects yield the following predicted annual results. The company uses straight -ine depreciation, and cash flows occur evenly throughout each year (PV ot $1. EV of $1. PVA of St and FVA of $1 (Use appropriate fectorts) from the tables provided) $355,ee 5284,89 Expenses Direct aaterials Direct labor Overheed including depreciation Selling and adeinistrative expences 43,708 5,50e 1,042,600 127,50327,8 Total expenses Pretax incone Income taxes (328) Net Incone 1,500 53,1ee 55,420 36,108 Problem 24-2A Part 3 3. Compute each project's accounting rate of retun Choose Choose Rate of Preo Next