work: Homewo... Question 1, E12-56B (si... Part 1 of 4 HW Score: 0%, 0 of 10 point O Points: 0 of 10 Valley, a popular X expa Data Table to view the expan to view the presel o view the future Assume that Bear Valley's managers developed the following estimates concerning a planned expansion to its Blizzard Park Lodge (all numbers assumed): nts. . at is the project's n sent value of the expansion ] Number of additional skiers per day 117 Average number of days per year that weather conditions allow skiing at Bear Valley 156 Useful life of expansion (in years) 9 Average cash spent by each skier per day ........ $ 237 Average variable cost of serving each skier per day . $ 132 Cost of expansion $ 8,000,000 Discount rate 10% Assume that Bear Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $950,000 at the end of its nine-year life. It has already calculated the average annual net cash inflow per year to be $1,916,460. Print Done Reference X to to to ent 16% 0.862 1.605 2.246 2.798 3.274 18% 0.847 1.566 2.174 2.690 3.127 20% 0.833 1.528 2.106 2.589 2.991 ha res Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 Period 2 1.970 1.942 1.913 | 1.886 1.859 1.833 1.783 1.736 1.690 1.647 Period 3 2.941 2.884 2.829 2.775 2.723 2.673 2.577 2.487 2.402 2.322 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 Period 5 4.853 4.713 4.580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 Period 6 5.795 5.601 5.417 5.2425.076 4.917 4.623 4.355 4.111 3.889 Period 7 6.728 6.472 6.230 6.002 5.786 5.5825.206 4.868 4.564 4.288 Period 8 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.968 4.639 Period 9 8.566 8.162 7.786 7.435 7.108 6.802 6.247 5.759 5.328 4.946 Period 10 9.471 8.983 8.530 8.111 7.722 7.360 6.710 6.145 5.6505.216 Period 11 10.368 9.787 9.253 8.760 8.306 7.887 7.139 6.495 5.938 5.453 Period 12 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.8146.1945.660 Period 13 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 5.842 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.3676.628 6.002 Period 15 13.865 12.849 11.938 11.118 10.380 9.7128.559 7.606 6.811 6.142 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7.469 6.623 Period 25 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.077 7.843 6.873 Period 30 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.4278.055 7.003 Period 40 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 8.244 7.105 3.685 4.039 4.344 4.607 4.833 3.498 3.812 4.078 4.303 4.494 3.326 3.605 3.837 4.031 4.192 of 5.029 4.656 5.197 4.793 5.342 4.910 5.468 5.008 5.575 5.092 5.929 5.353 6.097 5.467 6.177 5.517 6.233 5.548 4.327 4.439 4,533 4.611 4.675 4.870 4.948 4.979 4.997 Print Done Consider how Bear Valley, a popular ski resort, could use capital budgeting to decide whether the $8 million Blizzard Park Lodge expansion would be a good Investment (Click the icon to view the expansion estimates.) Click the icon to view the present value annuity factor table.) (Click the icon to view the present value factor table.) (Click the icon to view the future value annuity factor table.) (Click the icon to view the future value factor table.) Read the requirements Requirement 1. What is the project's NPV? Is the investment attractive? Why or why not? Calculate the net present value of the expansion (Round your answer to the nearest whole dollar. Use parentheses or a minus sign for a negative not present value.) Not present value of expansion PE Help Me Solve This Video Get More Help Clear All Check Answer Reference 2% Future Value of Annuity of $1 Periods 1% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.00 Period 2 2.010 2.020 2.030 2.040 2.050 2.060 2.080 2.100 2.120 2.140 2.160 2.180 2.20 Period 3 3.030 3.060 3.091 3.122 3.153 3.184 3.246 3.310 3.374 3.440 3.506 3.572 3.64 Period 4 4.060 4.122 4.184 4.246 4.310 4.375 4.506 4.641 4.779 4.921 5.066 5.215 5.36 Period 5 5.101 5.204 5.309 5.416 5.526 5.637 5.867 6.105 6.353 6.610 6.877 7.154 7.44 Period 6 6.152 6.308 6.468 6.633 6.802 6.975 7.336 7.716 8.115 8.536 8.977 9.442 9.93 Period 7 7.214 7.434 7.662 7.898 8.142 8.394 8.923 9.487 10.089 10.730 11.414 12.142 12.99 Period 8 8.286 8.583 8.892 9.214 9.549 9.897 10.637 11.436 12.300 13.233 14.240 15.327 16.45 Period 9 9.369 9.755 10.159 10.583 11.027 11.491 12.48813.579 14.776 16.085 17.519 19.086 20.79 Period 10 10.462 10.950 11.464 12.006 12.578 13.181 14.487 15.937 17.549 19.337 21.321 23.521 25.95 Period 11 11.567 12.169 12.808 13.486 14.207 14.972 16.645 18.531 20.655 23.045 25.733 28.755 32.16 Period 12 12.683 13.412 14.192 15.026 15.917 16.870 18.977 21.384 24.133 27 271 30.850 34.931 39.58 Period 13 13.809 14.680 15.618 16.627 17.713 18.882 21.495 24.523 28.029 32.089 36.786 42.219 48.49 Period 14 14.947 15.974 17.086 18.292 19,599 21.015 24.215 27.975 32.393 37.581 43.672 50.818 59.18 Period 15 16.097 17.293 18.599 20.024 21.579 23.276 27.152 31.772 37.280 43.842 51.660 60.965 72.03 Period 20 22.019 24.297 26.870 29.778 33,066 36.786 45.762 57.275 72.052 91.025 115.380 146.628 186.6 Period 25 28.243 32.030 36.459 41.646 47.727 54.865 73.106 98.347 133.334 181.871 249.214 342.603 471.9 Period 30 34.785 40.568 47.575 56.085 66.439 79.058 113.283 164.494 241.333 356.787 530.312 790.948 1,181. Period 40 48.886 60.402 75.401 95.026 120.800 154.762 259.057 442.593 767.091 1,342.025 2,360.757 4,163.213 7,343. Print Done Reference w Bear V. be a goo he icon to e icon to % e icon to huirement ht 1. Wha net pres net preser value of Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.857 0.826 0.797 0.769 0.7430.718 0.694 Period 3 0.971 0.942 0.915 0.8890.864 0.840 0.794 0.751 0.712 0.675 0.641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.681 0.621 0.567 0.519 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.7050630 0.564 0.507 0.456 0.410 0.370 0.335 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.583 0.513 0.452 0.400 0.354 0.3140.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.404 0.351 0.305 0.266 0.233 Period 9 0.914 0.837 0.766 0.703 0,645 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0463 0.386 0.322 0.270 0.227 0.19 0.162 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.1950.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.2570208 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 140.870 0.758 0.661 0.577 0.505 0.442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0,555 0.481 0.417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 Period 20 0.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.1040.073 0.051 0.037 0.026 Period 25 0.780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 Period 30 0.742 0.552 0.412 0.308 0231 0.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 Period 400.672 0.453 0.307 0.208 0.1420.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 Print Done - 1 Reference good er how Bd nent. ick the ico ick the icd ick the lcd he require Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period & Period 9 Period 10 1% 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1219 3% 1.030 1.061 1093 1.126 1.159 1.194 1.230 1.267 1.305 1344 rement 1. resent valt ate the net esent valul Future Value of $1 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 1.040 1.050 1.060 1.080 1.100 1.120 1.140 1.160 1.180 1.200 1,082 1.103 1.124 1.166 1.210 1.254 1.300 1.346 1.392 1.440 1.125 1.158 1.191 1.260 1.331 1.405 1.482 1.561 1.643 1.728 1.170 1.216 1.262 1360 1.464 11.574 1.689 1.811 1.939 2.074 1.217 1.276 1.338 1469 1.611 1.762 1.925 2.100 2.288 2488 1.265 1.340 1.419 1.587 | 1772 1.974 2.195 2.436 2.700 2.986 1316 1.407 1.504 1.714 1.949 2211 2 502 2826 3.185 3.583 1.369 1.477 1594 1.851 2.144 2.476 2.853 3.278 3.759 4.300 1.423 1.551 1.689 1999 2358 2 773 3252 3.803 4.435 5.160 1.480 1.6 791 156 2594 3.100 3.707 4.411 5.234 6.192 1.539 1.710 1.898 23322853 3.479 4.226 5.117 6.176 7.430 1.601 1.796 2012 2518 3138 3.898 4.818 5.936 7.288 8.916 1.665 1.886 2.133 2.720 3452 4.363 5.492 6.886 8.599 10.699 1.732 1.980 2.261 2937 3.797 4.887 6.261 7.988 10.147 12.839 1.801 2079 2397 3.172 4.177 5.474 7.138 9.266 11.974 15407 2.191 2653 3207 4.661 6.727 9.646 13.743 19.461 27393 38.338 2666 3,386 4.292 6.848 10.835 17.000 26.462 40.874 62 669 95 396 3243 4322 5.743 10.063 17.449 29.960 50.950 85 850 143371 237376 4 801 7.040 10.286 21.725 45.259 93.051 188.884 378.721 750 378 1.469.772 1.062 1.072 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 1.220 1.282 1 348 1489 Period 11 Period 12 Period 13 Period 14 Period 15 Period 20 Period 25 Period 30 Period 40 1.243 1268 1.294 1.319 1346 1.486 1.641 1.811 2208 1,384 1.426 1469 1.513 1.558 1.806 2.094 2.427 3.262 Print Done In Me Solve Thie Viden Get More Hain Clear All Check Ansy