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31. Monson Company is considering three investment opportunities with cash flows as described below: 10 points Project A: Cash investment now $15,000 Cash inflow

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31. Monson Company is considering three investment opportunities with cash flows as described below: 10 points Project A: Cash investment now $15,000 Cash inflow at the end of 5 years $21,000 Cash inflow at the end of 8 years $30,000 Project B: Cash investment now $11,000 Annual cash inflow for 5 years $5,000 Annual cash outflow for 5 years $3,000 Additional cash inflow at the end of 5 years $25,000 Which project company should accept assuming Monson Company uses a 12% discount rate? Present Value Factor for 5 years at 12% discount rate is 0.567 and for 8 years is 0.404 and present value annuity factor for 5 years is 3.605. Your answer

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