Locos Company operates a chain of sandwich shops. (Click the icon to view additional information.) (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.) Read the requirements 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.) Amount invested 1 Expected annual net cash inflow Payback 8,450,000 Plan A 1,550,000 5.5 years 8,250,000 1,020,000 8.1 years Plan B Calculate the ARR (accounting rate of return) for both plans. (Round your answers to the nearest tenth percent. X.X%) ARR Plan A Plan B (Click the icon to view Present Value of Ordin (Click the icon to view Future Value of $1 tabl (Click the icon to view Future Value of Ordina * More Info payba plans punt in 8,450 8,250, The company is considering two possible expansion plans. Plan A would open eight smaller shops at a cost of $8,450,000. Expected annual net cash inflows are $1,550,000 for 10 years, with zero residual value at the end of 10 years. Under Plan B, Locos Company would open three larger shops at a cost of $8,250,000. This plan is expected to generate net cash inflows of $1,020,000 per year for 10 years, the estimated useful life of the properties. Estimated residual value for Plan B is $990,000. Locos Company uses straight-line depreciation and requires an annual return of 10%. ng rated Done cer any number in the input fields and then click Check