Just required 4,5,and 6a

Problem 12-23 Comprehensive Problem [L012-1, LO12-2, LO12-3, LO12-5, LO12-6 Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five- year period. His annual pay raises are determined by his diision's return on investment (RO), which has exceeded 23% each of the last three years. He has computed the cost and revenue estimates for each product as follows: Initial investmenti Cost of equipment (zero salvage value) Annual revenues and costs Sales revenses 290,000 490,000 S 340,000 440,000 154,000 206,000 58,000 98,000 79,000 59,000 Depreciation Pixed out-of-pocket operating costa expene The company's discount rate is 15%. Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor using tables 1. Calculate the payback period for each product 2. Calculate the net present value for each product 3. Calculate the internal rate of return for each product 4. Calculate the project profitability Index for each product 5. Calculate the simple rate of return for each product 6a. For each measure, identify whether Product A or Product B is preferred 6b. Based on the simple rate of return, Lou Barlow would likely Answer is not complete