The independent projects shown below are under consideration for possible implementation by Renishaw, Inc. If the company’s MARR is 14% per year and it uses the IROR method of capital budgeting, the projects it should select under a budget limitation of $105,000 are: (choose one)
(a) A, B, and C
(b) A, B, and D
(c) B, C, and D
(d) A, C, and D
(a) A, B, and C
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Fill in the blank(s) with the appropriate word(s).
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