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PLEASE HELP ME not sure if the first and last are even right but please help me fill in these blanks E11-4 (Algo) Calculating Accounting
PLEASE HELP ME not sure if the first and last are even right but please help me fill in these blanks
E11-4 (Algo) Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return [LO 11-1, 11-2, 11-3, 11-4] Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investmen 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. 3. Net present value. (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. 4. Without making any calculations, determine whether the IRR is more or less than 15%. Complete this question by entering your answers in the tabs below. Calculate net present value. Note: Cash Outflows and negative amounts should be indicated by a minus sign. Round your "Present Values" to the nearest whole dollar amount. Answer is not complete. Complete this question by entering your answers in the tabs below. Calculate accounting rate of return. Note: Round your answer to 1 decimal placeStep by Step Solution
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