Kenner Inc. is considering a project that has the following cash flow and WACC data.What is the project's discounted payback period?

WACC:10.00%

Year 01234

Cash flows-$1900$1050$970$890$810

Your company, LBNC Inc., is considering a new project whose data are shown below.The required equipment has a

3-year tax life, and the accelerated rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4.

Revenues and other operating costs are expected to be constant over the projects 10-year expected operating life.

What is the projects Year 4 cash flow?

Equipment cost (depreciable basis)$90,000

Sales revenues, each year$42,500

Operating costs (excl. deprec.)$25,000

Tax rate35.0%

Lane Industries is considering the replacement of one of its machines. Several alternatives are under consideration. The relevant cash flows associated with each are shown in the following table. The firms cost of capital is 15%.

Cash inflowsInitial Inv.Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8

Press A$106,250$22,500$22,500$22,500$22,500$22,500$22,500$22,500$22,500

Press B$75,000$15,000$17,500$20,000$22,500$25,000$31,250

Press C$162,500$62,500$37,500$25,000$25,000$25,000$37,500$50,000$62,500

Calculate the NPV of each machine and evaluate their acceptability based on NPV; rank them from best to worst using NPV.