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K Lemons Company operates a chain of sandwich shops. (Click the icon to view additional information.) Read the tequirements Requirement 1. Compute the payback,

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K Lemons Company operates a chain of sandwich shops. (Click the icon to view additional information.) Read the tequirements Requirement 1. Compute the payback, the ARR, the NPV, and the profitability index of these two plans. Calculate the payback for both plans. (Round your answers to one decimal place, X.X.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Payback Plan A Plan B years years Calculate the ARR (accounting rate of return) for both plans. (Round your answers to the nearest tenth percent, XX%.) = ARR Plan A + % + % Plan B Caclulate the NPV (net present value) of each plan. Begin by calculating the NPV of Plan A. (Complete all answer boxes. Enter a "0" for any zero balances or amounts that do not apply to the plan. Enter any factor amounts to three decimal places, X.XXX. Use parentheses or a minus sign for a negative net present value.) Plan A: Years 1-10 Present value of annuity 10 Present value of residual value Net Cash Inflow Annuity PV Factor (i=10%, n=10) PV Factor (i=10%, n=10) Present Value E

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