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Required Information velue: 1.20 points PA11-4 Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return [LO 11-1, 11-2, 11-3,

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Required Information velue: 1.20 points PA11-4 Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return [LO 11-1, 11-2, 11-3, 11-4] PA11-4 Part 2 2. Payback period. (Round your answer to 2 decimal places.) (The following information applies to the questions displayed below.] years 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 References eBook & Resources 230,000 Initial Useful life Salvage value Annual net income generated FCAs cost of capital 10 years 25,000 accounting rate of ret major weaknesses.Annual $ 5.200 7% PA11-4 Part 2

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