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Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Varlous information about the proposed investmen follows: Assume straight line depreciation method is

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Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Varlous information about the proposed investmen follows: 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. Future 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. Calculate accounting rate of retum. Note: Round your answer to 1 decimal place. Required: 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. Future 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. Calculate payback period. Note: Round your answer to 2 decimal places. Calculate net present value. Note: Cash Outflows and negative amounts should be indicated by a minus sign. Round your "Present Val whole dollar amount. Complete this question by entering your answers in the tabs below. Without making any calculations, determine whether the IRR is more or less than 14%

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