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Inda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment ollows: Assume straight line depreciation method is

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Inda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment ollows: Assume straight line depreciation method is used. Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of retum. 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. Cakulate payback period, (Round your answer to 2 decimal places.)

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