Problem 13-14 PI (LG13-6) Compute the PI statistic for Project Q if the appropriate cost of capital is 11 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Q Time: 0 1 2 3 4 Cash flow: $12,300 $4,000 $4,830 $2,170 $2,800

PI =

Problem 12-4 EAC Approach (LG12-8)

You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $69,000, has a 5-year life, and has an annual OCF (after-tax) of $11,100 per year. The Keebler CookieMunster costs $95,500, has a 7-year life, and has an annual OCF (after-tax) of $9,100 per year. If your discount rate is 13 percent, what is each machines EAC? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)

Please do it by type.