02. Hook Entries is considering the replacement of one of its res Three mative replacement de cetion. There with coch are shown in the following table. The firm's cost of unitati 1995 Press Initiativestment 560.000 Yaar 1 518,000 512.000 $50.000 18.000 14,000 30,000 18,000 16.000 20,000 18.000 18.000 20,000 18.000 20.000 20.000 18.000 25.000 30,000 18.000 40.000 18.000 50,000 Required: (a). Calculate the net present value (NPV) of each press (b). Using NPV, evaluate the acceptability of each press (c). Rank the presses from best to wone using NPV. (d). Calculate the profitability index (PT) for each press (e). Rank the presses from best to wore using 1 (1 mark each Hai cch (Lak sach) (1 mark each) ( Trai cach) (15 marks)