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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. Varlous 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. Varlous information about the proposed investment follows: (Future Value of \$1. Present Value of \$1, Future Value Annuity of \$1. Present Value Annuilyc of S1:) Note: Use oppropriate foctor(s) from the tables provided. Assume straight line depreciation method is used. Required: Help BBS evaluate this project by calculating each of the followng: 1. Accounting rate of return. Note: Round your answer to 2 decimal places. 2. Payback pertod. Note: Round your answer to 2 decimal ploces. 3. Net present value (NPV). Note: Do not round intermediate colculotions. Negotive amount should be indicated by a minus sign. Round the final onswer to neorest whole dollar. 4. Recalculate the NPV assuming BBS's cost of capital is 12 percent. Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole doller

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