Based on the information provided Above:

(a) What would the companys budget need to be to fund all 7 projects?

(b) What projects would be funded if the company could get a return on its money of 15% through other means?

(c) What other, non-financial factors, might lead the company to decide to fund one or more of the projects with lower rates of return?

Project $0 N (years) First Cost $10,000 $20,000 $30,000 $40,000 $35,000 $25,000 $20,000 Annual Benefits Salvage Value $2,500 $3,500 $5,000 $3,600 $3,000 $4,500 $10,000 $4,000 $5,000 $5,000 $3,000 $4,200 $10,000 Project $0 N (years) First Cost $10,000 $20,000 $30,000 $40,000 $35,000 $25,000 $20,000 Annual Benefits Salvage Value $2,500 $3,500 $5,000 $3,600 $3,000 $4,500 $10,000 $4,000 $5,000 $5,000 $3,000 $4,200 $10,000