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Complete the tollowing analysis of investment alternatives and select the prefer

ID: 1154480 • Letter: C

Question

Complete the tollowing analysis of investment alternatives and select the preferred one The study 6) period is three years and the MARR-15% per year ? lten.tive ? | Allen.tive B Capital Investment Annual Revenues Annual Costs 250 Market Value at EOY 3 Altern.tn.. ( 13,000 5,540 11,000 16,000 4.000 6,000 500 400 6.150 5,000 850 2800 577 PW( 15%) A) Alternative C B) Alternative A C) Do nothing D) Alternative B useful life for each 7) 7) For the following incremental table, assume a MARR: 15% per year and a alternative of 8 years that equals the the preferred alternative study period. Complete the incremental analysis and select Y-Z W-Y X-W Capital Investment Annual cost savings Salvage Value PW(15%) 250 400 550 70 100 97 90 50 20 15 200 B) Alternative Y C) Alternative X D) Alternative Z A) Alternative W

Explanation / Answer

Alternative A

Alternative B

Alternative C

Capital Investment

11,000

16,000

13,000

Annual Revenues

4,000

6,000

5540

Annual Cost

25

500

400

Salvage Value

5,000

6,150

2,800

PW (15%)

850

SELECT

PW (Study Period 3 years)

PW = -16,000 + (6000 – 500)(P/A, 15%, 3) + 6,150 (P/F, 15%, 3)

PW = -16,000 + (5,500)(P/A, 15%, 3) + 6,150 (P/F, 15%, 3)

PW = -16,000 + (5,500)( 2.2832) + 6,150 (0.6575)

PW = 601

577

Select Alternative A because of more PW (Option B)

7.

Y – Z

W – Y

X – W

Capital Investment

-250

-400

-550

Annual Cost Savings

70

90

15

Salvage Value

100

50

200

PW (15%)

97

20

PW at 15%, Study Period is 8 years

PW = -550 + 15 (P/A, 15%, 8) +

200 (P/F, 15%, 8)

PW = -550 + 15 (4.4873) +

200 (0.3269)

PW = -417

Taking the incremental analysis for X – W, as the PW is negative, select W. (Option A)

If we take Y – Z, select Y

If we take W – Y, Select W

Alternative A

Alternative B

Alternative C

Capital Investment

11,000

16,000

13,000

Annual Revenues

4,000

6,000

5540

Annual Cost

25

500

400

Salvage Value

5,000

6,150

2,800

PW (15%)

850

SELECT

PW (Study Period 3 years)

PW = -16,000 + (6000 – 500)(P/A, 15%, 3) + 6,150 (P/F, 15%, 3)

PW = -16,000 + (5,500)(P/A, 15%, 3) + 6,150 (P/F, 15%, 3)

PW = -16,000 + (5,500)( 2.2832) + 6,150 (0.6575)

PW = 601

577

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