You have three option to start-up home painting business to fund some of your college fees;...
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You have three option to start-up home painting business to fund some of your college fees; as shown below. Assume that the business will last 3 years with no salvage value. Your MARR is 8% per year. Option A B с Investment (RM) 3,000 8,000 12,000 Net Annual Income (RM) 1,425 3,333 5,170 ROR (%) 20 12 14 (a) Which of these options are financially acceptable? (b) Using incremental ROR analysis to determine which option should be selected? You have three option to start-up home painting business to fund some of your college fees; as shown below. Assume that the business will last 3 years with no salvage value. Your MARR is 8% per year. Option A B с Investment (RM) 3,000 8,000 12,000 Net Annual Income (RM) 1,425 3,333 5,170 ROR (%) 20 12 14 (a) Which of these options are financially acceptable? (b) Using incremental ROR analysis to determine which option should be selected?
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Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
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