(a)[4]
Explain how the internal rate of return (IRR) can help when making a capital investment decision.
(b(i))[6]
Calculate the net present value (NPV) for Machine A.
(b(ii))[4]
Calculate the internal rate of return (IRR) for Machine A.
(b(iii))[4]
Calculate the accounting rate of return (ARR) for Machine A.
(c)[7]
Advise the directors on which machine to buy. Support your answer.