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12:30 instructions help Question 1 fof S) 2.00 points Perit Industries has $150,000 to invest. The company is trying to decide between two alternative uses

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12:30 instructions help Question 1 fof S) 2.00 points Perit Industries has $150,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Cost of equipment requred Working capital investment required Annual cash Salvage value of equipment in six years Life of te project S 150,000 5 150.000 5 37,000 inows 24,000 S 8,500 6 years The working capital needed for project B will be released at the end of six years for investmentelsewhere. Perit Industries' discount rate is 15%. Click here to view Exhibit 88-1 and Exhibit 8B-2, to determine the appropriate discount factor(s) using tables Required: a. Calculate net present value for each project b. Which investment alternative (if either) would you recommend that the company accept

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