Each of the following 10 independent projects has a 10 year life and no salvage value .

Question:

Each of the following 10 independent projects has a 10 year life and no .

The projects have been proposed by the staff of the Ace Card Company. The MARR of Ace has been 12% for several years.
(a) If there is ample money available, what projects should Ace approve?
(b) Rank order all the acceptable projects in their order of desirability.
(c) If only $55,000 is available, which projects should be approved?

Salvage Value
Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important... MARR
Minimum Acceptable Rate of Return (MARR), or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other...