2 2.85 pos 4 Hit AR Linda's Luxury Travel (LT) is considering the purchase of two Hummer Imousines Various information about the proposed investment follows: Initial investment (2 times) Useful Life $1,260,000 10 years Salvage value Annual net income generated LLT's cost of capital $ 130,000 1114,668 14% Assume straight line depreciation method is used Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return 2. Payback period. 3. Net present value 4. Without making any calculations, determine whether the IRR is more or less than 1% Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 4 Calculate net present velue. (Future Value of $1. Present Value of $1. Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(e) from the tables provided. Cash Outhows and negative amounts should be indicated by a minus sign. Round your "Present Values" to the nearest whole dollar amount Show less Table or Calculator Fund Present Value of $1 (1,200,000 Cabut Denis of the Year Check my werk eztomheducation.c to 11A-NOVA The Online Chick Mode CCMb Cah ed Chapter 11 Homework Problems 2 Calculate net present value. (Future Value of $1, Present Value of $1. Future Value Annuity of $1. F Annuity of $1.) se appropriate actor the sales provided. Cash Outes and negative amount miss Tae Cacao Funcion Chuping of the s (1280.000 Per Vie (120.000 Tator Cala Fu Cashow ur Next 10 Ye 227 MO 10 14% T P Table or Calculator Function Cash Info or 10 Year F Total V 2 W 3 n* 14 ** 1 AV 1- E 14 en Aty of St 1 Vue of St 1 S 4 111 R 20 34% 130.000 55 10 14 % DAU FA