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Balloons By Sunset (88S) is considering the purchase of two new hot air balloons so that it can expand its desert suntset tours. Various information

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Balloons By Sunset (88S) is considering the purchase of two new hot air balloons so that it can expand its desert suntset tours. Various information about the proposed investment follows: (Euture Value of S1. Presont Value of $1. Euture Valve. Annuly of S1, Eretent. Valve Annwify of 51 ) Note: Use appropriate factor(s) from the tables provided. Assume straight line depreciation method is used Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of return. Note: Round your answer to 2 decimal places. 2. Paybock period. Note: Round your answer to 2 decimal places. 3. Net present value (NPV). Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar. 4. Recaiculate the NPV assuming B8S's cost of capital is 10 percent. Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar. TABLE 11.1A Future Value of $1 TABLE 11.2A Present Value of $1 TABLE 11.3A Future Value of an Annuity of \$1 TABLE 11.4A Present Value of Annuity of $1

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