Question: For option C for which data are provided below, which of the following statements is true? Annual increase Initial Cost $215,000 Salvage value (% of

For option C for which data are provided below, which of the following statements is true?

Annual increase
Initial Cost $215,000
Salvage value (% of initial cost) 15%
Annual Costs $10,500 8.00%
Annual Benefits $48,000 12.0%
Life in years 10
MARR 16.00%

Group of answer choices

B/C ratio is 1.39 and IRR is 19.69%

B/C ratio is 1.39 and IRR is 21.45%

B/C ratio is 1.32 and IRR is 21.45%

B/C ratio is 1.32 and IRR is 23.41%

B/C ratio is 1.29 and IRR is 25.27%

B/C ratio is 1.29 and IRR is 23.41%

B/C ratio is 1.27 and IRR is 25.27%

B/C ratio is 1.27 and IRR is 19.69%

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