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If the firm's existing inventory system has a present value of S3,408,411 and the firm is considering an alternative system with a present value of

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If the firm's existing inventory system has a present value of S3,408,411 and the firm is considering an alternative system with a present value of $3,434,930, which inventory system should the firm select and why? The existing system, because it has the highest present value. The alternative system, because it has the lowest present value. The existing system, because it has the lowest present value. The alternative system, because it has the highest present value

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