Check my work M11-5 (Algo) Calculating Accounting Rate of Return, Payback Period [LO 11-1, 11-2] Blue Marlin Company is considering the purchase of new equipment for its factory. It will cost $258,000 and have a $51,600 salvage value in five years. The annual net income from the equipment is expected to be $28,380, and depreciation is $41,280 per year. ok nces Calculate Blue Marlin's accounting rate of return and payback period for the equipment. (Do not round intermediate calculations. Round your Payback Period to 2 decimal places.) Accounting Rate of Return Payback Period Citrus Company is considering a project that has estimated annual net cash flows of $36,210 for nine years and is estimated to cost $170,000. Citrus's cost of capital is 7 percent Determine the net present value of the project. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answer to 2 decimal places.) Net Present Value Based on NPV, determine whether project is acceptable to Citrus. Unacceptable O Acceptable Check my work M11-8 (Algo) Calculating Net Present Value, Predicting Internal Rate of Return [LO 11-3, 11-4] points Vaughn Company has the following information about a potential capital investment eBook US $ $ Initial investment Annual cash inflow Expected life Cost of capital 280,000 74,000 6 years 13% Print References 1. Calculate the net present value of this project. (Euture Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar.) Net Present Value Check my work Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows: points Initial investment (2 limos) Useful life Salvage value Annual net income generated LLT's cost of capital $1,560,000 10 years $ 140,000 $ 149,760 14% eBook Hint Assume straight line depreciation method is used. Print References Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return. 2. Payback period. 3. Net present value. 4. Without making any calculations, determine whether the IRR is more or less than 14%. Complete this question by entering your answers in the tabs below. E11-8 (Algo) Comparing Projects Using Profitability Index [LO 11-6] Shaylee Corp has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize. Information about the projects follows: Initial investment Present value of future cash flows Project A Project B Project C Project D $ 422,000 $ 237,000 5 727,000 $ 952,899 772,000 422,000 1,207,600 1,567,899 Required. ces Required: 1. Is Shaylee able to invest in all of these projects simultaneously? 2-A. Calculate the profitability index for each project. 2-B. What is Shaylee's order of preference based on the profitability index? Complete this question by entering your answers in the tabs below. Reg 1 Req 2A and 2B