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Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours, Various information

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Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours, Various information about the proposed investment follows: Euture Value of \$1. Present Value of S1. Euture Value Annuity of \$1. Present Value Annuliyof S1.) Note: Use appropriate factor(s) from the tobles 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. Payback period Note: Round your answer to 2 decimal ploces. 3. Net present value (NPN) Note: Do not round intermediate colculations. Negotive amount should be indicated by a minus sign. Round the final answer to nearest whole dollar. 4. Recalculate the NPV assuming BBS's cost of capital is 14 percent. Note: Do not round intermediate calculations. Negotive amount should be indicated by a minus sign. Round the final answer to neorest whole dollor

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