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Your company earned a $375,000 profit and wants to invest it in a new project. For a budget of $375,000 which of the following project
Your company earned a $375,000 profit and wants to invest it in a new project. For a budget of $375,000 which of the following project should be selected?
Project | Useful Life | Cost | Annual Benefit |
1 | 4 | $200,000.00 | $52,500.00 |
2 | 4 | $75,000.00 | $27,500.00 |
Please solve using Excel and show functions needed. Thanks!
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