splash city is considering purchasing a waterpark in Atlanta Georgia for 1,920,000 The new facility will generate annual net cash inflows of 487,000 for eight years engineers estimate that the facility will remain useful for eight years and have no residue value the company uses straight line depreciation and its stockholders demand an annual return of 10% on investments of this nature

P26-30A (similar to) Splash City is considering purchasing a water park in Atlanta, Georgia, for $1,920,000. The new facility will generate annual net cash inflows of $487,000 for el polumn 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.) (Click the icon to view Future Value of Ordinary Annuity of $1 table) Read the requirements 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) Amount invested 1,920 000 Expected annual net cash inflow 1 487,000 Payback 39 years Next determine the formule and cute the accounting role of retum (ARR) (Round the percentage to the nearest tonth percent, XX%) ARR