Please refer to below spreadsheet for calculation and answer. Cell reference also provided.
Cell reference -
Hope this will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.
Polytec Chemical, Inc. must decide between two additives to improve the dry-weather stability of its low-cost...
Either of the cost alternatives shown below can be used in a chemical refining process. If the company’s MARR is 15% per year, determine which should be selected on the basis of an incremental ROR analysis. A B First cost ,$ − 40,000 − 61,000 Annual cost, $/year − 25,000 − 19,000 Salvage value, $ 8,000 11,000 Life, years 5 5 5 - A. B. C. D. E. F. The incremental rate of return computed using a present worth analysis...