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Periods01234567891020Periods012345678910202%1.00001.02001.04041.06121.08241.10411.12621.14871.17171.19511.21901.48599%1.00001.09001.18811.29501.41161.53861.67711.82801.99262.17192.36745.60443%1.00001.03001.06091.09271.12551.15931.19411.22991.26681.30481.34391.806110%1.00001.10001.21001.33101.46411.61051.77161.94872.14362.35792.59376.72753.75%1.00001.03751.07641.11681.15871.20211.24721.29391.34251.39281.44502.088211%1.00001.11001.23211.36761.51811.68511.87042.07622.30452.55802.83948.06234%1.00001.04001.08161.12491.16991.21671.26531.31591.36861.42331.48022.191112%1.00001.12001.25441.40491.57351.76231.97382.21072.47602.77313.10589.64634.25%1.00001.04251.08681.13301.18111.23131.28371.33821.39511.45441.51622.298913%1.00001.13001.27691.44291.63051.84242.08202.35262.65843.00403.394611.52315%1.00001.05001.10251.15761.21551.27631.34011.40711.47751.55131.62892.653314%1.00001.14001.29961.48151.68901.92542.19502.50232.85263.25193.707213.74356%1.00001.06001.12361.19101.26251.33821.41851.50361.59381.68951.79063.207115%1.00001.15001.32251.52091.74902.01142.31312.66003.05903.51794.045616.36657%1.00001.07001.14491.22501.31081.40261.50071.60581.71821.83851.96723.869720%1.00001.20001.44001.72802.07362.48832.98603.58324.29985.15986.191738.33768%1.00001.08001.16641.25971.36051.46931.58691.71381.85091.99902.15894.661025%1.00001.25001.56251.95312.44143.05183.81474.76845.96057.45069.313286.7362 TABLE 11.2A Present Value of $1 TABLE 11.3A Future Value of an Annuity of $1 TABLE 11.4A Present Value of Annuity of $1 FAT1-7

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Periods01234567891020Periods012345678910202%1.00001.02001.04041.06121.08241.10411.12621.14871.17171.19511.21901.48599%1.00001.09001.18811.29501.41161.53861.67711.82801.99262.17192.36745.60443%1.00001.03001.06091.09271.12551.15931.19411.22991.26681.30481.34391.806110%1.00001.10001.21001.33101.46411.61051.77161.94872.14362.35792.59376.72753.75%1.00001.03751.07641.11681.15871.20211.24721.29391.34251.39281.44502.088211%1.00001.11001.23211.36761.51811.68511.87042.07622.30452.55802.83948.06234%1.00001.04001.08161.12491.16991.21671.26531.31591.36861.42331.48022.191112%1.00001.12001.25441.40491.57351.76231.97382.21072.47602.77313.10589.64634.25%1.00001.04251.08681.13301.18111.23131.28371.33821.39511.45441.51622.298913%1.00001.13001.27691.44291.63051.84242.08202.35262.65843.00403.394611.52315%1.00001.05001.10251.15761.21551.27631.34011.40711.47751.55131.62892.653314%1.00001.14001.29961.48151.68901.92542.19502.50232.85263.25193.707213.74356%1.00001.06001.12361.19101.26251.33821.41851.50361.59381.68951.79063.207115%1.00001.15001.32251.52091.74902.01142.31312.66003.05903.51794.045616.36657%1.00001.07001.14491.22501.31081.40261.50071.60581.71821.83851.96723.869720%1.00001.20001.44001.72802.07362.48832.98603.58324.29985.15986.191738.33768%1.00001.08001.16641.25971.36051.46931.58691.71381.85091.99902.15894.661025%1.00001.25001.56251.95312.44143.05183.81474.76845.96057.45069.313286.7362 TABLE 11.2A Present Value of \$1 TABLE 11.3A Future Value of an Annuity of $1 TABLE 11.4A Present Value of Annuity of $1 FAT1-7 (AIgO) CaIcuIatng Accounting Kate or Keturn, rayoack reroa, Net rresent vaIue, Estimating Internal Rate of Return [LO 11-1, 11-2, 11-3, 11-4] Balloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows: (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. Assume straight line depreciation method is used. Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of return. Note: Round your answer to 2 decimal places. 2. Payback period. Note: Round your answer to 2 decimal places. 3. Net present value (NPV). Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar. 4. Recalculate the NPV assuming BBS's cost of capital is 12 percent. Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar

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