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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 sunt 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 sunt tours Various information about the proposed investment follows: $452.000 Init investment for two hot air balloons) Uschule Salvage value Anual net income generated BBS's cost of capital 9 years $ 47,000 38.872 11% Assume straight line depreciation method is used. Required: Help BBS evaluate this project by calculating each of the following 1. Accounting rate of retum. (Round your answer to 1 decimal place.) Accounting Rate of Return 2. Payback period. (Round your answer to 2 decimal places) Payback Period Years 3. Net present value (NPV). Future Value of 51. Present Value of 51. Eure Value Annuity 51. Presentaty of 51) (Use appropriate factor(s) from the tables provided. Do not round Intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar) Net Present Value 2. Payback period. (Round your answer to 2 decimal places.) Payback Period Years 3. Net present value (NPV). (Future Value of $1. Present S1, Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Negative amount should be indicated by a my sign. Round the final answer to nearest whole dollar.) Net Present Value 4. Recalculate the NPV assuming BBS's cost of capital is 14 percent. Eure Value of $1. Present Value of $1. Future Value of 51. Present Value Annuity of $1.) (Use appropriate factors from the tables provided. Do not round Intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) Net Present Value

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