Use the Information Below to Answer the Following Question(s)

question 162

Multiple Choice

Use the information below to answer the following question(s) .
Miami Marine Enterprises is evaluating the purchase of an elaborate hydraulic lift system for all of its locations to use for the boats brought in for repair. The company has narrowed their choices down to two: the B14 Model and the F54 Model. Financial data about the two choices follows:

-The net present value of the B14 Model is closest to

• A) $17,395 positive.
• B) $21,930 negative.
• C) $38,455 positive.
• D) $358,455 positive.

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