could use capital budgeting to decide whether the $13,500,000 Brook Park Lo developed the following estimates concerning the expansion: X Data Table 121 skiers Number of additional skiers per day Average number of days per year that weather conditions allow skiing at White Valley Useful life of expansion (in years) Average cash spent by each skier per day Average variable cost of serving each skier per day Cost of expansion Discount rate 144 days 11 years 241 85 13,500,000 14% Print Done number in the input fields and then click Check Answer Clear All next, go to your Study Plan. Homework: Week Eight : Chapter 11 : Exercises Save n Score: 0 of 1 pt 3 of 19 (2 complete) HW Score: 10.53%, 2 of 19 pts S26-6 (similar to) Question Help Consider how White Valley Brook Park Lodge could use capital budgeting to decide whether the $13,500,000 Brook Park Lodge expansion would be a good investment. Assume White Valley's managers developed the following estimates concerning the expansion (Click the icon to view the estimates.) Assume that White Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $850,000 at the end of its eleven-year life. The average annual operating income from the expansion is $1,568,144 and the depreciation has been calculated as $1,150,000 Calculate the ARR. Round to two decimal places. ARR % Ir V1) 10/1 0/1 10/1) 2 Choose from any list or enter any number in the input fields and then click Check Answer. Check Answer Clear All All parts showing