02-04 The five alternatives are being evaluated by the rate of return method, using the following information: Initial investments Individual Rate ofRetum.% Incremental RoR, %, when compared with alternative V WXY Z Alternative -35,000 -45,000 -50,000 -60,000 Z -70,000 10.0 . 16.0 13.4 15.0 20.0 27.3 19.4 35.3 25.0 - 0.0 38.5 24.4 46.5 27.3 - 15.8 If all five alternatives are independent MARR-15% per year alternatives should be selected? and the budget is limited to $160,000, which Y and Z b. W and Z W, Y, and Z d. W, X, Y and Z a. c. If the alternatives are independent and MARR a. W, Y and Z 14% per year, which alternative (s) should be selected? d. All 03. b. Y and Z c. Z only 04. If the alternatives are mutually exclusive and MARR-15% per year, the alternative(s) to select is (are): . a Y only b. Z only c. both Y and Z d. none of them