Question
If the local government invests in a project which has a 20 years useful life and initial investment of 2.25 million dollars and the yearly
If the local government invests in a project which has a 20 years useful life and initial investment of 2.25 million dollars and the yearly benefit is $250,000, with a maintenance cost (starting in year 1), what is Benefit Cost Ratio (rounded to the whole percentage, no decimals) ?
| A. | none of the given choices | |
| B. | 75% | |
| C. | 60% | |
| D. | 80% |
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Financial Accounting For Management
Authors: Paresh Shah
2nd Edition
0198077033, 978-0198077039
