Need all requirements. just answers is fine.

Future Value of \$1 Future Value of Annuity of \$1 Requirements 1. Compute the payback period, the ARR, and the NPV of these two plans. What are the strengths and weaknesses of these capital budgeting models? 2. Which expansion plan should Happy Bean choose? Why? 3. Estimate Plan A's IRR. How does the IRR compare with the company's required rate of return? Fappy Eean inc operates a chain of doughnut shops. The company is considering two possible expansion plans Plan A would open elght smalter shops at a cost of $8.640. 000 Expected annual net cash inflows are $1.750,000 with zero rosidual value at the end of len years. Under Plan B, Happy Bean would open three larger shops at a cost of 58,240,000 This plan is expected to generate net cash inflows of $1.250.000 per yeat for ten years, the estimated lice of the properties. Estimated residual value is $1,025,000. Happy Bean uses straight-line depreciation and tequies an arnual roturn of bs (Click the kon to viee the present value asnuity factor table) [CFick the kon to ver the present waluefactor tatile) (Cick the icen 10 vew the future value anmuty tactor table) Read the (Click the ison to viear the futire valuo tactor tablia) Requitement 1. Compute vie payback period the ARR and the NPV of trese two plans What are the strengths and weaknesses of finese captal budgeting models? Plan A' (in rears) Pian Bufinyears) Present Value of Annuitv of $1