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6. There are five alternatives for improvement of a road. Determine which alternative should be chosen if the highway department is willing to invest money as long as there is a B/C ratio of at least 1.00. Alternatives 1 2 Annual Benefits, P 950,000 1,400,000 2,850,000 3,400,000 4,250,000 Annual Cost, P 1,050,000 1,500,000 2,150,000 2,800,000 3,450,000 3 4

6. There are five alternatives for improvement of a road. Determine which alternative should be chosen if the highway department is willing to invest money as long as there is a B/C ratio of at least 1.00. Alternatives 1 2 Annual Benefits, P 950,000 1,400,000 2,850,000 3,400,000 4,250,000 Annual Cost, P 1,050,000 1,500,000 2,150,000 2,800,000 3,450,000 3 4

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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6. There are five alternatives for improvement of a road. Determine which alternative should be chosen if the highway department is willing to invest money as long as there is a B/C ratio of at least 1.00. Annual Cost, P 1,050,000 1,500,000 2,150,000 2,800,000 3,450,000 Alternatives Annual Benefits, P 950,000 1,400,000 2,850,000 3,400,000 4,250,000 1 2 3 4
Transcribed Image Text:6. There are five alternatives for improvement of a road. Determine which alternative should be chosen if the highway department is willing to invest money as long as there is a B/C ratio of at least 1.00. Annual Cost, P 1,050,000 1,500,000 2,150,000 2,800,000 3,450,000 Alternatives Annual Benefits, P 950,000 1,400,000 2,850,000 3,400,000 4,250,000 1 2 3 4
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