Question
Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project B?
Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project B?
| Year | Project A | Project B |
| 0 | -300,000 | -300,000 |
| 1 | 150,000 | 70,000 |
| 2 | 150,000 | 70,000 |
| 3 | 80,000 | 120,000 |
| 4 | 80,000 | 120,000 |
| 5 |
| 120,000 |
| 6 |
| 60,000 |
Group of answer choices
19,086
20,179
69,055
78,468
61,292
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
7th Edition
1439080526, 9781439080528
