Solution for QID #31089: Santa's sleigh is old and in need of repair. It will get | StudyHelpMe

Santa's sleigh is old and in need of repair. It will get through this year but a decision must be made on what to do for 2021. Some of Santa's tired reindeer are encouraging him to consider purchasing a drone for Christmas Eve deliveries and sending them off to a well-deserved retirement!! Here is information to help make the decision:                                                               Sleigh          Drone      Original cost                                    $25,000        Not yet purchased          Repairs                                           6,000      Purchase price of drone                                       12,000      Proceeds received sale of sleigh                           5,000      Annual operating costs      (Maintenance, gas, reindeer food)    2,100           1,000 a.      Which information is relevant to the decision? b.     Based on financial considerations, which options should Santa choose c.      Draft a paragraph about which decision he should make.