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Splash City is considering purchasing a water park in Atlanta, Georgia, for $1,910,000. The new facility will generate annual net cash inflows of $480,000

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Splash City is considering purchasing a water park in Atlanta, Georgia, for $1,910,000. The new facility will generate annual net cash inflows of $480,000 for eight years. Engineers estimate that the facility wil remain useful for eight years and have no residual value. The company uses straight-line depreciation, and its stockholders demand an annual return of 10% on investments of this nature Click the icon to view the Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table) Read the requirements (Cick the icon to view Future Value of Ordinary Annuity of $1 table.) Requirement 1. Compute the payback, the ARR, the NPV, the IRR, and the profitability index of this investment First, determine the formula and calculate payback (Round your answer to one decimal place, XX) DePuyback years Next, determine the formula and calculate the accounting rate of retum (ARR) (Round the percentage to the nearest th percent, XX%) ARR Calculate the net present value (NPV) (Enter any tactor amounts to three decimal places, XX00)

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