Question

​Dandy's Fun Park is evaluating the purchase of a new game to be located on its Midway. It has budgeted​ $40,000 for this purchase.​ Dandy's has narrowed their choices down to​ two: the Wacky Water Race game and the WhackminusAminusMole game. Financial data about the two choices follows. Wacky Water Race WhackminusAminus Mole Investment $ 28 comma 000 $ 21 comma 000 Useful life 7 7 Estimated annual net cash inflows for 7 years $ 9 comma 000 $ 6 comma 000 Residual value $ 4 comma 000 $ 3 comma 000 Depreciation method straightminusline straightminusline Required rate of return 8​% 12​% Using the net present value​ model, which​ alternative(s) should Family Fun Park​ select?

Answer 1

Answer:

idk ............,......