I have attached a doc that I need help answering. Some of the information is already answered by me but I need this work that I have done checked over and changed if needed. Then I need the second part of question 2 answered. This is not a large assignment. If the other part I already have completed is correct this will not be too much to complete.

Module 9 Review Case Study Chad Rasmusen Embry Riddle Aeronautical University MGMT 312 Assume Polaris invested $2.12 million to expand its manufacturing capacity. Assume that these projects have a ten-year life and that management requires a 10% internal rate of return on these assets. http://ir.polaris.com/files/doc_financials/annual_reports/Polaris-2014-Annual-ReportFinal2.pdf Can you check this over? 1. What is the amount of annual cash flows that Polaris must earn from these projects to have a 10% internal rate of return? (Hint: Identify the ten-period, 10% factor from the present value of an annuity table, and then divide $2.12 million by the factor to get the annual required cash flows.) Year Discount Rate 10% 1 2 3 4 5 6 7 8 9 10 Total Investment Annual Cash Flow 345,020 0.9091 0.8264 0.7513 0.683 0.6209 0.5645 0.5132 0.4665 0.4241 0.3855 6.1446 2120000 Year Discount Rate 10% Annual Cash Flow 1 0.9091 345,020 2 0.8264 345,020 3 0.7513 345,020 4 0.683 345,020 5 0.6209 345,020 6 0.5645 345,020 7 0.5132 345,020 8 0.4665 345,020 9 0.4241 345,020 10 0.3855 345,020 Total 6.1446 Discounte d Cash Flow 313654.5 5 285140.5 0 259218.6 3 235653.3 0 214230.2 7 194754.8 0 177049.8 1 160954.3 8 146322.1 6 133020.1 5 2119999 2. Assess Polaris's most recent annual financial statements, from its website (polaris.com) or the SEC's website (sec.gov). a. Determine the amount that Polaris invested in capital assets for that year. (Hint: Refer to the statement of cash flows). Not sure if this is accurate! The amount that Polaris invested in capital assets for the year was, 389,447 which is the capital spending for Polaris and reflects the amount that Polaris invested in fixed assets from the beginning of 2014 to the year end or December 31, 2014 b. Assume a ten-year life and a 10% internal rate of return. What is the amount of cash flows that Polaris must earn on these new projects