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the answers are not correct, please answer it asap Bolloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that
the answers are not correct, please answer it asap
Bolloons By Sunset (BBS) is considering the purchase of two new hot air balloons so that it can expand its desert sunset tours. Various information about the proposed investment follows: Future Volue of \$1. Present Value or S1. Future Volue Annuity or Si, Prosent Value Annuity of $1. Note: Use appropriate factor(s) from the tables provided. Assume straight line depreciation method is used. Required: Help BBS evaluate this project by calculating eoch of the following: 1. Accounting rate of retum. Note: Round your answer to 2 decimal places. 2. Payback period. Note: Round your answer to 2 decimal places. 3. Net present value (NPV) Note: Do not round Intermediate calculations. Negative amount should be indicated by a minus sign, Round the final answer to nearest whole doliar. 4. Recalculate the NPV assuming B85s cost of capital is 13 percent. Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole doltar Step by Step Solution
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