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Evaluate Alternative Capital Investment Decisions The investment committee of Iron Skillet Restaurants Inc. is evaluating two restaurant sites. The sites have different useful lives,
Evaluate Alternative Capital Investment Decisions The investment committee of Iron Skillet Restaurants Inc. is evaluating two restaurant sites. The sites have different useful lives, but each requires an investment of $1,000,000. The estimated net cash flows from each site are as follows: Year 1 2 3456 Net Cash Flow Site A Site B $400,000 $500,000 400,000 500,000 400,000 500,000 400,000 500,000 400,000 400,000
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