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PLEASE HELP: Answers to 1,2 and 3 are correct. struggling to answer #4, Recalculate the NPV assuming BBS's cost of capital is 11%. Balloons By
PLEASE HELP: Answers to 1,2 and 3 are correct. struggling to answer #4, Recalculate the NPV assuming BBS's cost of capital is 11%. 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 S1. Future Value Annuity of S1. Present Value Annuity of $1] Note: Use oppropriate foctor(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 refurn. Note: Round your answer to 2 decimal places. 2. Poyback pertod Note: Round your answer to 2 decimal places. 3. Net present value (NPV). Note: Do not round intermediate calculations. Negative amount should be indicoted by a minus sign. Round the final answer to neorest whole dollor. 4. Recalculate the NPV assuming BBS's cost of capital is il percent. Note: Do not round intermediote colculotions. Negotive amount should be inclicated by o minus sign. Round the final answer to nearest whole dollor
PLEASE HELP:
Answers to 1,2 and 3 are correct.
struggling to answer #4, Recalculate the NPV assuming BBS's cost of capital is 11%.
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