PI 7.7 Investment Project Choice. Toby Amberville's Manhattan Cafe, Inc., is considering investment in two alternative capital
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PI 7.7 Investment Project Choice. Toby Amberville's Manhattan Cafe, Inc., is considering investment in two alternative capital budgeting projects. Project A is an investment of $75000 to replace working but obsolete refrigeration equipment. Project B is an investment of
$150000 to expand dining room facilities. Relevant cash flow data for the two projects over their expected 2-year lives are as follows:?
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