The capital budgeting in this assignment is for cost analysis. Hospitals in Canada are non-profit organizations. The equipment will not create value for the project. Therefore, you should compare both options and determine which one is less costly.

I’ve emailed you an Excel template for Assignment 2, which you may choose to use or create your own.

To successfully complete this assignment, see the following tips and requirements:

1. Submit an Excel file that displays all the calculation steps. You can either use NPV and IRR functions or formulas.

2. Question 3 of the assignment is a written question, which does not require a Word file. Instead, create a new Excel worksheet and compose your response in it.

3. The capital budgeting in this assignment is for cost analysis. Hospitals in Canada are non-profit organizations. The equipment will not create value for the project. Therefore, you should compare both options and determine which one is less costly.

4. The costs for both options must be consistent/ There are monthly, yearly, and one-time expenses in both options. You should convert them into a consistent base for proper comparison.

5. For Question 3, you will need to research the definition and concept of “Lease.”