Question: Given in the table below are three project alternatives built in three different states, you're required to decide which is the best alternative based on
Given in the table below are three project alternatives built in three different states, you're required to decide which is the best alternative based on the ARR Analysis, Select the best state along with its ARR Accounting Rate of Return ARR=(Average Annual Return of annual profit)/(Initial Cost) Year Vancouver Los Angeles California 0 -8 -10 -11 8 1 2 1 1 2 5 1 1.5 3 2.5 1 2. 4 3 1 3 5 2.5 1 25 Average Value ARR Select one: a Vancouver is the best state with an ARR OF 37.5% b. Los Angeles is the best state with an ARR of 419 c. California is the best state with an ARR of 45% d. None of these
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