a) Calculate the payback period, accounting rate of return and the net present value (at 5%) for

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a) Calculate the payback period, accounting rate of return and the net present value (at 5%) for each of these proposals. (12 marks)

b) From a financial perspective, recommend which project the hotel should fund, with supporting justification for your answer. (8 marks)

c) What non-financial considerations might also need to be considered in making such a decision? (5 marks)

( BAHA, Question 3, Strategic Management Accounting Paper January 2011)

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Strategic Managerial Accounting: Hospitality, Tourism & Events Applications

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a) Calculate the payback period, accounting rate of return and the net present value (at 5%) for

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Strategic Managerial Accounting: Hospitality, Tourism & Events Applications

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