(a)[6]
Using Table 1, calculate, for the purchase of the safari vehicles, the:
- the accounting rate of return (ARR) [3]
- the net present value (NPV) using an 8% discount rate. [3]
(b)[12]
You may use your answers from 4(a) together with other information. Recommend whether MAA ought to buy the safari vehicles. Support your recommendation with reasons.