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Assume that Wolf Valley uses the residual value of $1,000,000 at th Read the requirements. Consider how Wolf Valley, a popular ski resort, could use capital budgeting to decide whether the $8 million Brook Park Lodge expansion would be a good investment. Click the loon to view the expansion estimates.) Average annual net cash inflow x R Requirement 2. Compute the average annual operating income from the expansion. First enter the formula, then compute the average annual operating income from the expansion. (Round your answer to the nearest dollar) Average annual operating income from asset = Requirement 3. Compute the payback period. First enter the formula, then compute the payback period. (Enter amounts in dollars, not millions. Round your answer to two decimal places.) Lood rk Assume that Wolf Valley uses the straight-line depreciation method and expects the lodge expansion to have a residual value of $1,000,000 at the end of its eight-year life. Read the requirements. al W to the nearest dollar.) 3 Requirement 1. Compute the average annual net cash inflow from the expansion. First enter the formula, then compute the average annual net cash inflow from the expansion. (Round your answer to the nearest dollar) Average annual net cash inflow Requirement 2. Compute the average annual operating income from the expansion. First enter the formula, then compute the average annual operating income from the expansion. (Round your answer to the nearest dollar.) Average annual operating income from asset = Requirement 3. Compute the payback period. First enter the formula, then compute the payback period. (Enter amounts in dollars, not millions. Round your answer to two decimal places) Payback period years Requirement 4. Compute the ARR. First enter the formula, then compute the accounting rate of return. (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places) CITED Average annual net cash inflow Requirement 2. Compute the average annual operating income from the expansion. First enter the formula, then compute the average annual operating income from the expansion. (Round your answer to the nearest dollar) Average annual operating income from asset Requirement 3. Compute the payback period. First enter the formula, then compute the payback period. (Enter amounts in dollars, not millions. Round your answer to two decimal places.) . Payback period years . Requirement 4. Compute the ARR. First enter the formula, then compute the accounting rate of retum. (Enter amounts in dollars, not millions. Enter your answer as a percent rounded to two decimal places) Accounting = rate of return S % income from the ex al operating income d. (Enter amounts in e of return. (Enter a Data table Assume that Wolf Valley's managers developed the following estimates concerning a planned expansion to its Brook Park Lodge (all numbers assumed): Number of additional skiers per day 125 Average number of days per year that weather conditions allow skiing at Wolf Valley 160 Useful life of expansion (in years) 8 $ Average cash spent by each skler per day Average variable cost of serving each skier per day. $ Cost of expansion Discount rate Print Done 240 142 $ 8.000.000 12% X ng income from t aual operating ind riod. (Enter amou Average annual Requirements 1. 2. Compute the average annual net cash inflow from the expansion. Compute the average annual operating income from the expansion. Compute the payback period. 3. 4. Compute the ARR. Print Done ilippe Fotor your answer as a percent rounded to two decimal places.) X