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PLease help me with this question, Thank you. Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway.
PLease help me with this question, Thank you.
Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. Dandy's has narrowed their choices down to two: the Wacky Water Race game and the Whack - A - Mole game. Financial data about the two choices follows Investment Useful life Estimated annual net cash inflows for 8 years Wacky Water Race $33,000 8 $6,186 Whack- A- Mole $22,000 8 $5, 064 Residual value Depreciation method straight-line straight - line Using the Internal rate of return to make the decision, which alternative(s) should Family Fun Park select? A. O B. C. O D. The Wacky Water Race game should be selected; 4% lower The Whack-A-Mole game should be selected; 6% higher The Wacky Water Race game should be selected; 6% lower The Whack-A-Mole game should be selected; 4% higherStep by Step Solution
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