Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows Initial investment (2 11mos) Useful life Salvage value Annual net income generated LLT's cost of capital $ 1,440,000 10 years $ 130,000 $ 135,360 Assume straight line depreciation method is used. Required: 14 Help LLT evaluate this project by calculating each of the following 1. Accounting rate of return." 2. Payback period 3. Net present value. (Future Value of $1.Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1) Note: Use appropriate factor(s) from the tables provided. 4. Without making any calculations, determine whether the IRR is more or less then 14% Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate accounting rate of return Note: Round your answer to 1 decimal place. Accounting Rate of Reban N Re Required 2 > Next > Check my won Saved Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines Various information about the proposed investment follows Initial investment (2 11mos) Useful life Salvage value Annual net income generated LLT's cost of capital $ 1,440,000 10 years $ 130,000 $ 135,360 Assume straight line depreciation method is used Required: 14 Help LLT evaluate this project by calculating each of the following 1. Accounting rate of return t 2. Payback period 3. Net present value, Future Value of $1 Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $13 Note: Use appropriate factor(s) from the tables provided. 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. Required 1 Required 2 Calculate payback period. Required 3 Required 4 Note: Round your answer to 2 decimal places Payback Period years < Prev 4 of 9 Next >> Help Seve&Ex Submit Check my work Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate net present value. Note: Cash Outflows and negative amounts should be indicated by a minus sign. Round your "Present Values" to the nearest whole dollar amount Table or Calculator Function Cash Outflow (Beginning of the Year) Present Value Table or Calculator Function Cash Inflow (for Next 10 Years) Table Factor Present Value n= AN n = ces Table or Calculator Function Cash Inflow (for 10th Year) n= " Table Factor Present Value Total Net Present Value < Prev 4 of 9 Nextd> Check m 1 Connect Assignment Saved Assume straight line depreciation method is used. Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return. 2. Payback period. 3. Net present value. (Euture Value of $1 Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1) Note: Use appropriate factor(s) from the tables provided. 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. Required 1 Required 2 Required 3 Required 4 Without making any calculations, determine whether the IRR is more or less than 14%. RR