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Crane Mills management is evaluating two alternative heating systems. Costs and projected energy savings are given in the following table. The firm uses 11.5 percent
Crane Mills management is evaluating two alternative heating systems. Costs and projected energy savings are given in the following table. The firm uses 11.5 percent to discount such project cash flows. Year OHN M System 100 System 200 -$1,547,400 - $1,406,000 245,810 877,000 421,630 565,500 513,340 458,400 887,700 342,500 What is the NPV of the systems? (Enter negative amounts using negative sign, e.g. -45.25. Do not round discount ors and intermediate calculations. Round final answers to 0 decimal places, e.g. 5,275.) NPV of system 100 is NPV of system 200 is a Which system should be chosen? Crane should choose for this question: Open Show Work Click if you would li System 100 System 200 neither system
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