EA1. LO 11.1 Bob's Auto Repair has determined that it needs new lift equipment to acquire more business opportunities. However, one or more alternatives meet or exceed the minimum expectations Bob has for the new lift equipment. As a result, what type of decision should Bob make for his company? EA2. LO 11.1 In practice, external factors can impact a capital investment. Give a current external factor that may currently impact or cause instability of capital spending either heror abroad. EA3. LO 11.2 If a copy center is considering the purchase of a new copy machine with an initial Investment cost of $150,000 and the center expects an annual net cash flow of $20,000 per year, what is the payback period?