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Analyze a CSR capital investment proposal for Ganon inc. Ganon inc. is evaluating a proposal to replace its HID (high intensity discharge) lighting with LED
Analyze a CSR capital investment proposal for Ganon inc. Ganon inc. is evaluating a proposal to replace its HID (high intensity discharge) lighting with LED (light emitting diode) Eghting throughout its warehouse. LED lighting consumes less power and lasts longer than HID lighting for similar performance. The following information was developed: - Note: A kilowatt-hour is equat to 1,000 watts per hour. a. Determine the investment cost for replacing the 1000 foxtures. 1 b. Determine the anmual utility cost savings from emploving the new energy solution: c. Should the proposal be accepted? Evaluate the proposal using net present value, assuming a 15 -year life and 8% minimum rate of return. (Click here to view Present Valve of Dradinary Annity.)
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