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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