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Swifty Company is considering a capital investment of $432,300 in additional equipment. The new equipment is expected to have a useful life of 8 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual net income and cash flows are expected to be $44,000 and $84,000, respectively, Swifty requires a 10% return on all new investments Present Value of an Annuity of 1 10% 11% 12% Period 8% 9% 15% 8 5.74664 5.53482 5.33493 5.14612 4.96764 4.48732 Click here to view PV tables

Compute each of the following: (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round cash payback period, profitability index and annual rate of return to 2 decimal places, eg. 15.25 and other answers to O decimal places, eg 5,275.) 1 Cash payback period years 2 Net present value 3 Profitability index 4. Internal rate of return 5. Annual rate of return %