Question: ONLY USE EXCEL FORMULAS AND ALL ANSWER TO BE DONE WITH EXCEL ONLY AND MENTION THE FORMULAS TOO. Answer all parts with full steps and

ONLY USE EXCEL FORMULAS AND ALL ANSWER TO BE DONE WITH EXCEL ONLY AND MENTION THE FORMULAS TOO.

Answer all parts with full steps and as per the method mentioned to get 100% feedback!!

Two alternatives are provided by vendors as shown in table below and MARR is 18% per year.

Use incremental rate of return analysis to choose the appropriate alternative USING EXCEL ONLY.

Alternative A Alternative B
Initial Cost $35000 $50000
Annual Revenue $12500 $16000
Salvage Value $800 $1150
Life in years 6 6

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