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Bartlett Car Wash Company Is considering the purchase of a new facllity. It would allow Bartlett to Increase its net Income by $80,884 per year.

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Bartlett Car Wash Company Is considering the purchase of a new facllity. It would allow Bartlett to Increase its net Income by $80,884 per year. Other Information about this proposed project follows: Assume straight IIne depreclation method Is used. Required: 1. Calculate the accounting rate of return for Bartlett. Note: Round your percentage answer to 2 decimal places. 2. Calculate the payback perlod for Bartlett. Note: Round your answer to 2 decimal places

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