Novak Inc. is considering modernizing its production facility by investing in new equipment and selling the old equipment. T following information has been collected on this investment: Cost Old Equipment Accumulated depreciation Remaining life Current salvage value Salvage value in 8 years Annual cash operating costs (a) $80,800 $40,400 8 years $10,440 $0 $36,000 Cost New Equipment Estimated useful life Salvage value in 8 years Annual cash operating costs $38,600 8 years $4,600 $30,200 Depreciation is $10,100 per year for the old equipment. The straight-line depreciation method would be used for the new equ over an eight-year period with salvage value of $4,600. Determine the cash payback period. (Ignore income taxes.) (Round answer to 3 decimal places, eg. 15.275.)

Hansen Corporation. a C Corporation (mot a manufacturer) reports the following items in income and expenses for 2021 Gross Revenue $900,000 Dividend Received from 30% owned Corp 200,000 LTCG 30,000 STCL 12000 City of Lee's Summit Bond Interest 10000 COGS 375000 Administrative Expenses 325000 Charitable Contribution 60,000 Compute Hansen's C Corp Taxable income?

Describe EVA.

Problem 20-96 from pic.

E12.18