Three consultant companies have been put forward as alternative means of improving the efficiency in...
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Accounting
Three consultant companies have been put forward as alternative means of improving the efficiency in the Chevrolet Automobile Company in the united states. The initial cost, annual revenue, and salvage value of alternatives are shown below: Alternative Alt. A Alt. B Alt. C Initial cost (in millions) 20 25 52 Net yearly revenue (in millions) 5 12 21 Salvage value 0 7 0 The economic life of all alternatives is 5 years. For an MARR of 15%, use rate of return analysis to select the best alternative
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