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The city of Columbus has identifed three options for a public recreation area suitable for informal family activities and major organized events. As with most

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The city of Columbus has identifed three options for a public recreation area suitable for informal family activities and major organized events. As with most alternatives today, there are benefits, disbenifits, costs, and some savines. These have been estimated with the belp of an external planning conisultant and are identifed in the table below. In each case, these are annualized over a 10 -year planning horizon. a. Determine the Bicratio tor: Option 1 . Option 2: Option 3: Do ell calculations to 5 decimal ploces and round final answer to 2 decimal ploces Tolenance is =0.02. Can vou telifrom these ratios which option should be selected? b. Determine which option shiould be selected uain the incremental B/C ratio. C. Determine which option should be selected using the B-Cfor thachoption. 4. At what value of Option 2 costsace vou indifferent between Option 1 and Option 273

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