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follows: Initial investment (2 limos) Useful life Salvage value Annual net income generated LLT's cost of capital $ 600,000 8 years $ 100,000 48,000 12% Assume straight line depreciation method is used. Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return 2. Payback period 3. Net present value. 4. Without making any calculations, determine whether the IRR is more or less than 12% Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate accounting rate of return. Accounting Rate of Return INTAMANI % Required 2 > follows: Initial investment (2 limos) Useful life Salvage value Annual net income generated LLT's cost of capital $ 600,000 8 years $ 100,000 48,000 12% Assume straight line depreciation method is used. Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return. 2. Payback period 3. Net present value 4. Without making any calculations, determine whether the IRR is more or less than 12%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate net present value. (Future Value of $1, Present Value of $1, Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Cash Outflows and negative amounts should be indicated by a minus sign. Round your "Present Values" to the nearest whole dollar amount.) Show less Prev 1 of 4 Next > follows: Initial investment (2 limos) Useful life Salvage value Annual net income generated LLT's cost of capital $ 600,000 8 years $ 100,000 48,080 128 Assume straight line depreciation method is used. Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return 2. Payback period. 3. Net present value. 4. Without making any calculations, determine whether the IRR is more or less than 12%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Without making any calculations, determine whether the IRR is more or less than 12%. IRR

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