Question: Please I need help with that question. Show work Capital Budgeting (10 points) The Sports Complex is considering an investment proposal. The initial cost of

Please I need help with that question. Show work

Capital Budgeting (10 points) The Sports Complex is considering an investment proposal. The initial cost of the investment, the net cash flows for each year, and the net income for each year are presented below. There is no salvage value at the end of the investment's life. Year Initial Cost Annual Cash Flow Annual Net Income 0 $135,000 1 $36,000 $16,000 38,000 18,000 50,000 20,000 52,000 22,000 5 54,000 24,000 The Sports Complex uses a 16% target rate of return for new investment proposals. Answer the questions in the text box below and Show your work. Note: the Present Value Tables are provided below this question (scroll down). 2 3 4 A BI JE 1) What is the cash payback period for this proposal? (2 pts) 2) What is the average annual net income for this investment? (1 pt) 3) What is the annual rate of return for this investment? (2 pts) 4) What is the net present value of this investment? (4 pts) Year Amount Factor Present Value Total 5) What is your recommendation to Bandon Company regarding this investment? (1pt)

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