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The Hotel Conneaut is considering 3 the following capital budgeting projects The Hotel Conneaut has internal funind for project one with $10,000. However, the 2
The Hotel Conneaut is considering 3 the following capital budgeting projects The Hotel Conneaut has internal funind for project one with $10,000. However, the 2 other projects woul required new capital financing. A new computer and software system for $10,000 with a 5 year life and an estimated return of 16% The construction of a new deck and seating area for $8,000 also with a 5 year life and an estimated return of 12% Lastly the purchase of a more effieicent self contained fryer system for $5,000 with a life of 4 years and an estimated return of 10% Which projects should they undertake
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