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P 8-33 (similar to) Question Help Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain but as much

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P 8-33 (similar to) Question Help Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain but as much longer than the other Gateway's discount rate is 100% The company plans to continue with one of the two models for the foreseeable future. Based on the costs of each shown below. which should choose? Note dollar amounts are in thousands) Model Year Year 1 Year 2 Year Year 4 Years Year Old Ride - 5198 -335 - 539 31 - $39 Short and Sweet - 521 -21 -$2.1 Based on the costs of each model which should it choose? (Select the best choice below) O A Gateway Tours should choose Short and Sweet because the equivalent annual annuity of its costs is smaller OB. Gateway Tours should choose Old Reliable because last longer OC. Gateway Tours should choose Short and Sweet because the NPV of schis is smaller OD Gateway Tours should choose Old Reliable because the equivalent annually of its cost is smaller

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