C Robertson Resort X C Robertson Resort X C | Chegg.com X C | Chegg.com X Question 1 - Chap X Course Hero x Course Hero X ASU McGraw-Hill Cont X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%2... Chapter 11 HW i Saved Help Save & Exit Submit Check my work Robertson Resorts is considering whether to expand its Pagosa Springs Lodge. The expansion will create 24 additional rooms for rent. The following estimates are available: 1.42 Cost of expansion $ 3,220, 000 points Discount rate 98 Useful life 20 Annual rental income $ 2, 050, 000 Annual operating expenses $ 1, 600, 000 eBook Robertson uses straight-line depreciation and the lodge expansion will have a residual value $2,640,000. Required: Print 1. Calculate the annual net operating income from the expansion. 2. Calculate the annual net cash inflow from the expansion. 3. Calculate the ARR. Note: Round your answer to 2 decimal places. References 4. Calculate the payback period. Note: Round your answer to 1 decimal place. 5. Calculate the NPV. (Future Value of $1,Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to nearest whole dollar amount. 1. Annual Operating Income $ 450,000 2. Annual Net Cash Inflow $ 479,000 3. ARR 3.98 % 4. Payback Period 6.7 years 5. NPV Mc Graw HillC Robertson Resort X C Robertson Resort X C | Chegg.com X C | Chegg.com X Question 2 - Char X Course Hero x *Course Hero X ASU McGraw-Hill Cont X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%2... Chapter 11 HW i Saved Help Save & Exit Submit Check my work 2 Required information Part 1 of 5 [The following information applies to the questions displayed below.] Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walking 1.42 demonstrations and aerial tour business. Various information about the proposed investment follows: points Initial investment $ 170, 000 Useful life 10 years Salvage value $ 20, 000 Annual net income generated $ 4, 000 FCA's cost of capital 88 eBook Assume straight line depreciation method is used. Print Help FCA evaluate this project by calculating each of the following: References Required: 1. Accounting rate of return. Note: Round your answer to 2 decimal places. Accounting Rate of Return % 1 = Mc Graw HillC Robertson Resort X C Robertson Resort X C | Chegg.com X C | Chegg.com X Question 3 - Char X Course Hero x Course Hero X ASU McGraw-Hill Cont X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%2... Chapter 11 HW i Saved Help Save & Exit Submit Check my work 3 Required information Part 2 of 5 [The following information applies to the questions displayed below.] Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walking 1.42 demonstrations and aerial tour business. Various information about the proposed investment follows: points Initial investment $ 170, 000 Useful life 10 years Salvage value $ 20, 000 Annual net income generated $ 4, 000 FCA's cost of capital 88 eBook Assume straight line depreciation method is used. Print Help FCA evaluate this project by calculating each of the following: References Required: 2. Payback period. Note: Round your answer to 2 decimal places. Payback Period years 2 . _ Mc Graw HillC Robertson Resort X C Robertson Resort X C | Chegg.com X C | Chegg.com X Question 4 - Char X Course Hero x Course Hero X ASU McGraw-Hill Cont X + C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%2... Chapter 11 HW i Saved Help Save & Exit Submit Check my work 4 Required information Part 3 of 5 [The following information applies to the questions displayed below.] Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walking 1.42 demonstrations and aerial tour business. Various information about the proposed investment follows: points Initial investment $ 170, 000 Useful life 10 years Salvage value $ 20, 000 Annual net income generated $ 4, 000 FCA's cost of capital 88 eBook Assume straight line depreciation method is used. Print Help FCA evaluate this project by calculating each of the following: References Required: 3. Net present value (NPV). (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) Note: 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 3 . Mc Graw Hill