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P11-23 (static) Question Help Constraints on borrowing. Country Farmlands, Inc.

ID: 2786605 • Letter: P

Question

P11-23 (static) Question Help Constraints on borrowing. Country Farmlands, Inc. is consid ering the following potential projects for this coming year, but has only $200,000 for these projects: Project A: Cost $60,000, NPV $4,000, and IRR 11% Project B: Cost $78,000, NPV $6,000, and IRR 12% Project C: Cost $38,000, NPV $3,000, and IRR 10% Project D: Cost $41,000, NPV $4,000, and IRR 9% Project E: Cost $56,000, NPV $6,000, and IRR 13% Project F: Cost $29,000, NPV $2,000, and IRR 7% What projects should Farmlands pick? What projects should Farmlands pick? (Select the best responses.) A. A. B, D, and E. B. C,D,E,and F. O C. A, C, D, and E OD, B,C,D,and E. O E. B, C, D, and F Click to select your answer and then click Check Answer SD All parts showing Clear All Check Answer Coz This course (Business Finance) is based on Brooks: Financial Management: Core Concepts 3e 14

Explanation / Answer

Project

NPV

cost

Benefit cost ratio =1+(NPV/cost)

A

4000

60000

1.066667

B

6000

78000

1.076923

C

3000

38000

1.078947

D

4000

41000

1.097561

E

6000

56000

1.107143

F

2000

29000

1.068966

Ranking on the basis of benefit cost Ratio

Project

Benefit cost ratio =1+(NPV/cost)

Rank

A

1.066667

6

B

1.076923

4

C

1.078947

3

D

1.097561

2

E

1.107143

1

F

1.068966

5

Project

RanK

E

1

D

2

C

3

B

4

Answer is D

BCDE

Project

NPV

cost

Benefit cost ratio =1+(NPV/cost)

A

4000

60000

1.066667

B

6000

78000

1.076923

C

3000

38000

1.078947

D

4000

41000

1.097561

E

6000

56000

1.107143

F

2000

29000

1.068966

Ranking on the basis of benefit cost Ratio

Project

Benefit cost ratio =1+(NPV/cost)

Rank

A

1.066667

6

B

1.076923

4

C

1.078947

3

D

1.097561

2

E

1.107143

1

F

1.068966

5

Project

RanK

E

1

D

2

C

3

B

4

Answer is D

BCDE