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Required information [The following information applies to the questions displayed below.] Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to

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Required information [The following information applies to the questions displayed below.] Falcon Crest Aces (FCA), Incorporated, 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: Assume straight line depreciation method is used. Help FCA evaluate this project by calculating each of the following: Required: 1. Accounting rate of return. Note: Round your answer to 2 decimal places. Required information [The following information applies to the questions displayed below.] Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane demonstrations and aerial tour business. Various information about the proposed inv Assume straight line depreciation method is used. Help FCA evaluate this project by calculating each of the following: Required: 2. Payback period. Note: Round your answer to 2 decimal places. Required: 3. Net present value (NPV). (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. Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. Required: 4. Recalculate FCA's NPV assuming the cost of capital is 6 percent. (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. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign

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