Chapter 11 Homework Het Seven Sub Chew 4 Linda's Luxury Travel (LT) is considering the purchase of two me louines. Various information about the proposed resten follow 2 po Useful live Salve value et in LLT total 11 10 years 140,00 13, - Assume straight line depreciation method is used Required: Help LLT evaluate this project by calculating each of the following 1. Accounting rate ofre 2. Payback period 3. Not present value 4. Without making any calculations determine whether the more or less than Complete this question by entering your answers in the tabs below. ured 2 Calculate contingree of return hound your art decoce.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate accounting rate of return. (Round your answer to 1 decimal place.) Accounting Rate of Return Complete this question by entering your answers in the tabs below. Required 1 Required by Required 3 Required 4 Calculate payback period. (Round your answer to 2 decimal places.) Payback Period years Table or Calculator Function: Cash Outflow (Beginning of the Year) n = i = % Present Value Table or Calculator Function Cash Inflow (for Next 10 Years) s n= 1 = % Table Factor Present Value Table or Calculator Function: Cash Inflow (for 10th Year) n = 1 % Table Factor Present Value Total Net Present Value