Use the Table for the Question(s)below

question 39

Multiple Choice

Use the table for the question(s) below.
Consider the following mutually exclusive projects:
-The equivalent annual benefit of project B is closest to:

• A)$5.05.
• B)$5.75.
• C)$3.45.
• D)$3.40.

---

Definitions:

General Partnership

A business arrangement where two or more individuals agree to share all assets, profits, financial, and legal liabilities of a jointly-owned business.

Legal Entities

Organizations that have legal rights and obligations, including the ability to enter into contracts and own assets.

Separate Accounting Entity

A fundamental accounting principle that treats a company's financial reports as distinct from those of its owners or other businesses.