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Chapter 2 8 Homework Analyze a CSR capital investment proposal for Ganon Inc. Ganon Inc. is evaluating a proposal to replace its HID ( high

Chapter 28 Homework
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) lighting throughout its warehouse. LED lighting consumes less power and lasts longer than HID lighting for similar performance. The following information was developed:
\table[[HID watt hour consumption per fixture,500 watts per hr.],[LED watt hour consumption per fixture,300 watts per hr.],[Number of fixtures,800],[Lifetime investment cost (in present value terms),],[, to replace each HID fixture with LED,$300
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