Mission Co

question 79

Multiple Choice

Mission Co.requires an initial investment of $50,000, and has a net present value of $12,000.Ardent Co.requires an initial investment of $100,000, and has a net present value of $13,000.The projects are mutually exclusive.The firm should accept

• A)Mission Co.
• B)Ardent Co.
• C)both projects.
• D)neither project.

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Definitions:

Simplify

The process of making a mathematical expression as simple as possible by performing all operations and reducing to the fewest terms.

Expression

A mathematical phrase that can contain numbers, variables, and operation symbols but doesn't have an equal sign.

Solve

To find the answer(s) or solution(s) to a mathematical problem or equation.

Expression

A combination of symbols and operators in mathematics that represent a quantity or a relation.