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Question #3 (30 Points): A small manufacturing company could expand its operation by adding a new product. Only one of the products shown below can

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Question #3 (30 Points): A small manufacturing company could expand its operation by adding a new product. Only one of the products shown below can be added. If the company uses a MARR of 14% per year and a 10-year study period, which product, if any, should the company introduce using the ROR Analysis? First Cost Annual Cost Annual Revenue Salvage Value Product 1 -500,000 -64,000 190,000 100,000 Product 2 -620,000 -40,000 220,000 180,000 Product 3 -570,000 -48,000 220,000 145,000

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