(TCO 3) Use the table “Food and Beverage Sales for Jimmy’s Greek Restaurant” to answer the questions below. Food and Beverage Sales for Jimmy’s Greek Restaurant ($000s) Month First Year Second Year January 242 263 February 235 238 March 232 247 April 278 193 May 284 193 June 240 149 July 145 157 August 152 161 September 110 122 October 130 130 November 152 167 December 236 231 Part (a): Calculate the regression line and forecast sales for January of Year 3. Part (b): Calculate the seasonal forecast of sales for January of Year 3. Part (c): Which forecast do you think is most accurate and why? (TCO 6) Mimi Company is considering a capital investment of $250,000 in new equipment. The equipment is expected to have a 5-year useful life with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual net income and cash inflows are expected to be $25,000 and $75,000, respectively. Mimi's minimum required rate of return is 10%. Part (a): Calculate the payback period. Part (b): Calculate the net present value. Part (c): Calculate the accounting rate of return.