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Problem 1 (1.5 points) : 1.1 A construction company plans to purchase a new machine. The company needs to choose one machine among the three

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Problem 1 (1.5 points) : 1.1 A construction company plans to purchase a new machine. The company needs to choose one machine among the three options shown in the table below. Each machine has 6 years of useful life and MARR is 9%. Use the incremental B-C method to make the selection. Project A: Initial Investment: $520,000 Annual Cost: $56,000 Annual Revenue: $176,000 Market Value: $160,000 Project B: Initial Investment: $765,000 Annual Cost: $58,500 Annual Revenue: $216,000 Market Value: $252,000 . . Project C: Initial Investment: $990,000 Annual Cost: $66,000 Annual Revenue: $286,000 Market Value: $330,000 1) Please enter the incremental B/C ratio of the last comparison (please use modified B-C ratio). 1 Point LATEX You have used 0 of 5 attempts Submit

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