Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of return. 2. Payback period. (Round your answer to 2 decimal places.) 3. Net present value (NPV). (Round the final answer to nearest whole dolla 4. Recalculate the NPV assuming BBS's cost of capital is 15 percent. (Negat whole dollar)

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Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.