Apples Ban

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The results of a study are summarised below:
Alternative
IRR
Incremental
IRR
Apples
Bananas
Carrots
Dates
Apples
14.2%
Bananas
16.35%
35.42%
Carrots
11.0%
19.64%
9.23%
Dates
8.32%
12.0%
15.61%
14.33%
Assuming a MARR of 11%, which alternative is the best option?
a) Apples
O b) Bananas
c) Carrots
d) Dates
Transcribed Image Text:The results of a study are summarised below: Alternative IRR Incremental IRR Apples Bananas Carrots Dates Apples 14.2% Bananas 16.35% 35.42% Carrots 11.0% 19.64% 9.23% Dates 8.32% 12.0% 15.61% 14.33% Assuming a MARR of 11%, which alternative is the best option? a) Apples O b) Bananas c) Carrots d) Dates
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