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QUESTION 1 Fitzgerald, Ivy, Garcia, Nichols, Eudy, Williams, Thomas, Owens, and Nagy (FIGNEWTON) Inc. must replace its fig-crushing equipment. The alternatives under consideration are presented
QUESTION 1 Fitzgerald, Ivy, Garcia, Nichols, Eudy, Williams, Thomas, Owens, and Nagy (FIGNEWTON) Inc. must replace its fig-crushing equipment. The alternatives under consideration are presented below. Alternative First Cost Net Annual Useful Benefits Life $170,500 $14.675 5 years 205.000 17,000 7 years 242,500 16,350 8 years 290,000 14,825 10 years a) Which anlaysis method should be used to select the alternative? b) Why should that analysis method be used? c) if FIGNEWTON uses a MARR of 8%, what alternative should be chosen? Submit one excel file with answers a), b), and c) highlighted clearly. Attach File
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