Required intormation Use the following information for the Quick Study below. The following information applies to the questions displayed below.J Peng Company is considering an investment expected to generate an average net income after taxes of $2,800 for three years. The investment costs $59,400 and has an estimated $7,200 salvage value. QS 25-7 Computation of accounting rate of return LO P2 Compute the accounting rate of return for this investment; assume the company uses straight-line depreciation. Answer is complete but not entirely correct. Accounting Rate of Return Choose Denominator: Choose Numerator: Annual after-tax net income Accounting Rate of Return , Annual average Accounting rate of return investment 17,500X S 33,300 52.55 |% QS 25-8 Net present value LO P3 Assume Peng requires a 15% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.) Cash Flow Annual cash flow Residual value Select Chart Amountx PV Factor Present Value Net present value