The independent projects shown below are

Chapter 12, Problem 12.44

(choose chapter or problem)

The independent projects shown below are underconsideration for possible implementation by Renishaw, Inc. If the companys MARR is 14% peryear and it uses the IROR method of capital budgeting,the projects it should select under a budgetlimitation of $105,000 are:(a) A, B, and C (b) A, B, and D(c) B, C, and D (d) A, C, and DFirst Annual Rate ofProject Cost, $ Income, $/Year Return, %A 20,000 4,000 20.0B 10,000 1,900 19.0C 15,000 2,600 17.3D 70,000 10,000 14.3E 50,000 6,000 12.

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