Consider how Mcknight Valley Brook Pars Lodge could use capital budgeting to decide whether the $12.500.000 Brook Park Lodge expansion would be a good investment Assume McKnight Valey's managers developed the following estimates concerning the expansion Click the icon to view the estimates) Click the icon to www additional information) Read the frames Requirement 1 Will the payback change? Explan your answer. Recalculate the payback dit changes. Round to one omal place Select the formula to calculate the payback period. Amount invested Expected annualne casinow Payback The payback lontinue to be 40 years The residual value does not affect the computadon IN Buyback and the payback method does not consider cash flows that cour after the payback period Requirement with projects ARR change? Explain your answer. Reowulate ARR if it changes. Round to two decimal places See the formuta tocate the ARR Average area operating income Average ou invested ARR THARRW w Be The ARR change when there we changes tozare The average area operating room numerator will be lower Additionally, the average investment denominators when the sat does not have a residual valve because the depreciation expense her Consider how Mcknight Valley Brook Pars Lodge could use capital budgeting to decide whether the $12.500.000 Brook Park Lodge expansion would be a good investment Assume McKnight Valey's managers developed the following estimates concerning the expansion Click the icon to view the estimates) Click the icon to www additional information) Read the frames Requirement 1 Will the payback change? Explan your answer. Recalculate the payback dit changes. Round to one omal place Select the formula to calculate the payback period. Amount invested Expected annualne casinow Payback The payback lontinue to be 40 years The residual value does not affect the computadon IN Buyback and the payback method does not consider cash flows that cour after the payback period Requirement with projects ARR change? Explain your answer. Reowulate ARR if it changes. Round to two decimal places See the formuta tocate the ARR Average area operating income Average ou invested ARR THARRW w Be The ARR change when there we changes tozare The average area operating room numerator will be lower Additionally, the average investment denominators when the sat does not have a residual valve because the depreciation expense her