Acme Company is evaluating a project that requires an initia…

Acme Company is evaluating a project that requires an initial investment of $209,000 and has a useful life of 6 years and a salvage value of $50,000. Acme uses a discount rate of 16% to make capital budgeting decisions. What is the minimum amount of annual net cash inflows that would make this project acceptable? Round to the nearest whole dollar amount.

Acme Company is evaluating an investment in new equipment th…

Acme Company is evaluating an investment in new equipment that requires an initial investment of $60,020, generates annual net cash inflows of $10,000, and produces an internal rate of return of 4%. Acme uses an 8% discount rate to make capital budgeting decisions. What is the estimated useful life of the project? Round to the nearest whole number and do not enter a percent sign or a decimal point (e.g., enter 89, not 89.0% or 0.89).