Scribbles Inc operates a cham of cottee shops. The company is considering two possible expansion plans Plan A would open eight smaller shops at a cost of 58 440,000 Expected annual net cash inflows are $1,400,000 with zelo residual value at the end of ten years Under Plan B, Scribbles would open three larger shops at a cost of $8 340,000 This plan is expected to generate net cash inflows of $1,200,000 per year for ten years the estimated life of the properties Estimated residual value is $1,075,000 Scribbles uses straight line depreciation and requires an annual return of 8% (Click the icon to view the present value annuity factor the Blick the icon to view the present value factor table> Click the icon to vw the future value any factor table (Click the icon to view the future value factor Table Read the requirements Requirement 1. Compute the payback period, the ARR and the NPV of these two plans What are the strengths and weaknesses of mese capital budgeting models? Begin by computing the payback period for both plants. (Round your answers to one decimal place) Plan A in years Plan B (in years Now compute the ARR (accounting rate of return for both plans (Round the percentages to the nearest tenth percent Plan A Plan B Next compute the NPV inet present value) under each plan Begin with Plan A then compute Plan B (Round your answers to the nearest whole dollar and use paroness or a minus sen to represent a negative NPV) Net present value of Plan Net present value of Plan B ta ta ta then there before cach the three rara hina male Choose from any list or enter any number in the input fields and then continue to the next question 2