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

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Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment 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. 4. Without making any calculations, determine whether the IRR is more of less than 14% 3. Net present value: Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return. 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. Calculate accounting rate of return. (Round your answer to I 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. 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. (Round your answer to 2 decimal places.) 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. Calculate net present value. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annulty of \$1.) (Use appropriate factor(5) from the tables provided. Cash Outhows and negative amounts should be indicated by a minus sign. Round your "Present Values" to the nearest whole dollar amount.) \begin{tabular}{|l|l|l|} \hline Table or Calculator Function: & \\ \hline Cash Outhow (Beginning of the Year) & & \\ \hline & & \\ \hline Present Value & & \\ \hline & & \\ \hline Table or Calculator Function: & \\ \hline Cash Inflow (for Next 10 Years) & & \\ \hline & & \\ \hline Table Factor & & \\ \hline Present Value & & \\ \hline & & \\ \hline Table or Calculator Function: & \\ \hline Cash Inflow (for 10th Year) & \\ \hline & & \\ \hline Table Factor & & \\ \hline Present Value & & \\ \hline & & \\ \hline Total Net Present Value & & \\ \hline & & \\ \hline \end{tabular} Prey 4 of 9 Next > 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. 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. Without making any calculations, determine whether the IRR is more or less than 14%

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