(Solved): Required information Problem 24-2A (Algo) Payback period, accounting rate of return, net present va ...

Required information Problem 24-2A (Algo) Payback period, accounting rate of return, net present value, and net cash flow calculation LO P1, P2, P3 [The following information applies to the questions displayed below.] Project \( Y \) requires a \( \$ 336,000 \) investment for new machinery with a five-year life and no salvage value. The project yields the following annual results, Cash flows occur evenly within each year, (PV of \$1. FV of \$1. PVA of S1, and FVA of SI) (Use appropriate factor(s) from the tables provided.) Problem 24-2A (Algo) Part 2 2. Determine Project Y's payback perlod. Problem 24-2A (Algo) Part 2 2. Determine Project Y's payback period. Problem 24-2A (Algo) Part 3 3. Compute Project Y's accounting rate of return. 4. Determine Project Y's net present value using \( 7 \% \) as the discount rate. (Do not round intermediate calculations. present value factor to 4 decimals and final answers to the nearest whole dollar.)