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Chapter 8

Total questions: 8

Worksheet time: 9mins

Name
Class
Date
1.

Each of the five mutually exclusive alternatives presented below will last for 20 years and has no salvage value. MARR = 10%. What is the IRR of Alternative A?

a)

6%

b)

9.9%

c)

11.1%

d)

15%

2.

Each of the five mutually exclusive alternatives presented below will last for 20 years and has no salvage value. MARR = 10%. What is the IRR of Alternative B?

a)

6%

b)

9.9%

c)

11.1%

d)

19.9%

3.

Each of the five mutually exclusive alternatives presented below will last for 20 years and has no salvage value. MARR = 10%. What is the IRR of Alternative C?

a)

6%

b)

9.9%

c)

11.1%

d)

15%

4.

Each of the five mutually exclusive alternatives presented below will last for 20 years and has no salvage value. MARR = 10%. What is the IRR of Alternative D?

a)

6%

b)

9.9%

c)

11.1%

d)

19.9%

5.

Each of the following three mutually exclusive alternatives presented below will last for 20 years and has no salvage value. MARR = 9%. Which of the following is correct?

a)

Choose A & B

Reject C

b)

Reject A & B

Choose C

c)

Do Nothing (DN)

6.

Caterpillar Corporation wants to build a spare parts storage facility. A plant engineer has identified four different location options. Initial cost of earthwork and prefab building, and annual net cash flow estimates are detailed in the following table. If the MARR is 10%, use incremental rate of return analysis to select the one economically best location. The do-nothing (DN) is a viable option.

a)

Alternative A

b)

Alternative B

c)

Alternative C

d)

Alternative D

e)

Do Nothing

7.

If the projects are independent and MARR = 17%. Which Alternative must be chosen?

a)

Alternative A

b)

Alternatives B & C

c)

Alternative D

d)

Alternative C & D

8.

If the projects are mutually exclusive and MARR = 14%, which alternative must be chosen?

a)

Alternative A

b)

Alternative B & C

c)

Alternatives C & D

d)

Alternative D