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Please Show Work Typed On Computer Not Hand Written. Thank you! Please follow the decimal placing instructions __________________________________________________________________________ These answers are incorrect . Please help!

Please Show Work Typed On Computer Not Hand Written. Thank you!

Please follow the decimal placing instructions

__________________________________________________________________________

These answers are incorrect. Please help!

1. 7.00

3. (18,881)

__________________________________________________________________________

image text in transcribedimage text in transcribedimage text in transcribed

Required information (The following information applies to the questions displayed below.] Falcon Crest Aces (FCA), Inc., is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: $ 110,000 10 years Initial investment Useful life Salvage value Annual net income generated FCA's cost of capital $ $ 10,000 4,200 10% Assume straight line depreciation method is used. Required: Help FCA evaluate this project by calculating each of the following: 1. Accounting rate of return. (Round your answer to 2 decimal places.) Accounting Rate of Return % 3. Help FCA evaluate this project by calculating each of the following: Net present value (NPV). (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) Net Present Value

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