Check my work mode : This shows what is correct or Incorrect for the work you have completed s Initial investment (for two hot air balloons) Useful life Salvage value Annual net income generated B8's cost of capital $ 386, 80e 8 years 5 se, een 31, 266 10 Assume straight line depreciation method is used Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of return (Round your answer to 2 decimal places.) 2. Payback period (Round your answer to 2 decimal places.) 3. Net present value (NPV) (Do not round Intermediate calculations. Negative amount should be indicated by a minus sign. Rounc the final answer to nearest whole dollar.) 4. Recalculate the NPV assuming BBS's cost of capital is 13 percent (Do not round Intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) Answer is complete but not entirely correct. counting rate of return Payback and hit pente entuming 13% 60 of coal 310 186 527 years 28324 15.500 15 Prey Present Value of an Annuity of $1 in Arrears Periods 0.926 1 2 3 4 5 0.909 15% 0.870 1.625 2.283 FA 1.607 2.322 3.605 6 7 8 9 10 6.463 11 12 13 14 15 SK 7% 8% 9% 0.962 1095 0.952 0.943 115 0.935 12:54 13% 0917 14% 1.886 1859 1833 1.808 1.783 0901 0.893 2.775 0885 2.723 0.877 2.673 1726 2.524 1.713 1690 2.577 2.531 1568 2 3.630 3.546 3.455 3.387 2487 2.444 2402 2.361 4.452 4.329 4.212 3.312 3.240.17 3.102 2.0322974 2.914 2.8550 4.100 3.993 3.890 3.791 3.696 5.242 5.075 3.433 3.352 4.917 3517 4.757 4.623 6.002 4.4864255423124111-8998 5.786 5.582 5.389 5.205 6.733 5.033 4868 3.8893.784 4712 6.210 5.971 4564 5.535 4.423 4.160 4.288 5.747 7.435 7.108 5.145 6.802 5.335 6.515 4.958 4.799 4639 4.487 6.247 8.111 5.995 7.722 7.360 5.759 5.537 5.328 5.132 4,946 4.772 7024 6.710 6.418 5.145 5.889 5.550 5.426 5.216 5.019 8.760 4 8.306 -7.887 7.499 9.385 7.139 5.805 8.863 6.495 5.207 8.384 5.938 5.587 5.234 7.943 5.453 5 7.536 7.151 9.394 6.492 6.194 9.985 8.83 5.918 5.660 5 5.421 8.358 7.904 7.487 7.103 5.750 10.563 9.899 5.126 5.127 $ 583 5.842 5. 9.295 8.745 8.244 7.796 7.357 5.982 5302 11.118 10.380 5. 5.724 9.712 5.002 9.108 8.559 8.061 7.506 7.191 5.811 8.452 5.142 5.847 54 11.652 10.838 10.106 Dar 9.447 8.851 8.313 7824 7.379 6.914 6,504 5.265 5.954 5. 12.166 11274 10.477 9.768 9.122 8.544 8.022 7.549 7.120 5.729 6.373 6.647 5. 12.659 11.690 10.828 10.059 9.372 8.756 8.201 7.702 7.250 6.840 5.128 13.134 12.08 11.15 10.336 9.604 8.950 8.355 7839 7,355 5.938 6.550 5.198 5. 13 590 12.462 11 470 10 594 9818 9.129 8.514 7.963 7.469 7.025 5.523 5.259 14.029 12.821 11.761 IRO 10.011 9.192 8.649 8.075 7.562 7.102 6.312 5 14.451 13.163 12.042 11061 10.201 9.442 8.772 8.175 7.545 7.170 6.743 6.359 6. 14.857 13.489 12303 11272 10.371 9.580 8.266 7.718 7.230 5.399 5.C 15.247 13.799 12.550 11.469 10.529 9.707 8.985 8348 7.73 7.283 6.835 5434 5.0 15.622 14.094 12.783 11.654 10.675 9.823 9.077 8.422 7.843 7.330 6.875 6.464 6.C 15.983 14.375 13.003 11.825 10.810 9.929 9.161 8.498 7.896 7.372 6.906 6.491 16330 14 543 13.211 11.987 10.935 10.027 9.237 8.548 7.943 7.409 6.935 6.514 6. 16.663 14.898 13.406 12.137 11.051 10.116 9.307 8.602 7.984 6.961 6.534 6. 16.984 15.141 13.591 12.278 11.158 10.198 9.370 8.550 8.022 7.470 6.989 6.551 6 17.292 15372 13.765 12.409 11.258 10.274 9.427 8.694 8.OSS 7.496 7.003 6.566 19.793 17.159 15.046 13.332 11.925 10.757 9.779 8.951 8.244 7.614 7.105 6.542 6. 16 17 18 19 20 21 22 23 24 25 10,836 26 27 28 29 30 40 General Model for Variance Analysis (AQ x AP) (AQ X SP) (SQ X SP Price Quantity Total Present Value of $1 Periods 4% 5% 6% 11% 12% 13% 14% 15% Mar 0.893 1 2 3 4 5 0.962 0.925 0.889 0.855 0.822 0.952 0.907 0.864 0.823 0.784 0.943 0.890 0.840 0.792 0.747 7% 8% 0.935 0.926 0.873 0.857 0.816 0.794 0.753 0.735 0.713 0.681 0.666 0.530 0.623 0.58% 0582 0.540 0.544 0.500 0.908 9% 10% 0.917 0.909 0.842 0.826 0.772 0.751 0.708 0.683 0.650 0.621 0.596 0.564 0.547 0.513 6 7 8 9 10 OSMO 20.502 0.467 0.463 0.460 0.422 0.424 0.386 0.261 0.215 11 12 13 14 15 16 17 18 19 20 0.475 0.444 0.415 0.188 0.362 0.160 0.790 0.746 0.705 0.760 0.711 0.665 0.731 0.577 0.627 0.703 0.645 0.592 0.676 0.614 0.558 0.650 0585 0.527 0.625 0.557 0.497 0.601 0.530 0.469 0.577 0.505 0.442 0.555 0.481 0.417 0.534 0.458 0.394 0.513 0.435 0.371 0.494 0.416 0.350 0.475 0.396 0.331 0.456 0.377 0.312 0.439 0.359 0.294 0.422 0.342 0.278 0.406 0.326 0.262 0.390 0.310 0.247 0.375 0.295 0.233 0.361 0.281 0.220 0.347 0.268 0.207 0.333 0.255 0.196 0.321 0.243 0.185 0.308 0.231 0.174 0.208 0.142 0.097 0.107 0.339 0.317 0.296 0.277 0.258 0.242 0.226 0.211 0.197 0.184 0.172 0.161 0.150 0.141 0.131 0.429 0.397 0.368 0.340 0.315 0.292 0.270 0.250 0.232 0.215 0.199 0.184 0.170 0.158 0.146 0.135 0.125 0.116 0.107 0.099 0.046 21 22 23 24 25 0.901 0.885 0.877 0.87 0.812 0.797 0.783 0.769 0.75 0.731 0.712 0.693 0.675 0.65 0.659 0.636 0.613 UF0.592 0.57 0.593 0.567 0.543 0.519 0.49 0.595 x 20,507 0.480 0.456 0.432 0.482 0.452 0.425 0.400 0.376 0,434 0.404 0.376 0.351 0.327 0.391 0.361 0.333 0.308 0.284 0.352 0.322 0.295 0:270 0.247 0.317 0.287 0.237 0.286 0.257 0.231 0.208 0.187 0.258 0.229 0.204 0.182 0.153 0.292 0.205 0.181 0.160 0.141 0.209 0.183 0.140 0.123 0.188 0163 0.141 0.123 o 0.170 0.146 0.125 0 108 0.093 a. 0.153 0.130 0.111 0.095 0.081 0.138 0.116 0.098 0.083 0.070 0.0 0.124 0.104 0.087 0.073 0.051 0.0 0.112 0.093 0.077 0.064 0.053 0.00 0.1010.083 0.068 0.056 0.046 0.02 0.091 0.074 0.060 0.019 0.040 0.0 0.082 0.066 0.053 0.035 0.0 0.074 0.059 0.047 0.038 0.030 0. 0.066 0.053 0.042 0.033 0.026 0 0.060 0.047 0.037 0.029 0.023 0.054 0.042 0.033 0.025 0.020 0.048 0.037 0.029 0.022 0.017 0.044 0.033 0.025 0.015 0.015 0.011 0.008 0.005 0.388 0.356 0.326 0.299 0.275 TO 0.252 0.231 0.212 0.194 0.178 0.164 0.150 0.138 0.126 0.116 0.106 0.098 0.090 0.082 0.075 0.350 0.319 0.290 0.263 0.239 0.218 0.198 0.180 0.164 0.149 0.135 0.123 0.112 0.102 0.092 0.043 26 27 28 29 30 0.084 0.076 0.069 0.063 0.057 0.022 0.020 40 0.067 0.032 0.00 Accounting Rate of Return = Net Operating Incom Payback period = Initial Investment Annual Ca Net Present Value (NPV) = NPV of Cash Inflow