Carmen electronics bought new machinery for $4.5 million. this is expected to result in additional cash flows of $1.2 million over the next seven years. the firm's cost of capital is 12 percent . what is the discounted payback period for this project? if the firm's acceptance period is five years, will this project be accepted ? (do not round intermediate computations . round your answer to one decimal place.)

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?