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Select the best jogging track using the b-c method

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Reference no: EM131506967

Question: Four mutually exclusive projects are being considered for a new 2-mile jogging track. The life of the track is expected to be 80 years, and the sponsoring agency's MARR is 12% per year. Annual benefits to the public have been estimated by an advisory committee and are shown on the next page. Use the B-C method (incrementally) to select the best jogging track.
Alternative
A                              B                               C                            D
Initial cost             $62,000                     $52,000                    $150,000                  $55,000
Annual                  $10,000                     $8,000                      $20,000                    $9,000
benefits
B-C ratio                  1.34                         1.28                           1.11                        1.36

Reference no: EM131506967

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