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Bartlett Car Wash Company is considering the purchase of a new facility. It would allow...

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Accounting

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Bartlett Car Wash Company is considering the purchase of a new facility. It would allow Bartlett to increase its net income by $90,342 per year. Other information about this proposed project follows: Assume straight line depreciation method is used. Required: 1. Calculate the accounting rate of retum for Bartlett. Note: Round your percentage answer to 2 decimal places. 2. Calculate the payback period for Bartlett. Note: Round your answer to 2 decimal ploces

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