Assignments ACCT 202 Homework 10 pv of $1.jpg 1,146468... pra_of_51.jpg 1,356x46 chegg - Yahoo Search Get Homework HelpWit. Cet Homework Homework 10 Help Save & Exit Submit Check my work Dwight Donovan, the president of Franklin Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of three years and no salvage value. Project B supports a training program that will improve the skills of employees operating the current equipment. Initial cash expenditures for Project A are $111,000 and for Project Bare $40,000. The annual expected cash inflows are $52,695 for Project A and $17,229 for Project B. Both investments are expected to provide cash flow benefits for the next three years. Franklin Enterprises' desired rate of return is 8 percent. (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided) Required a. Compute the net present value of each project. Which project should be adopted based on the net present value approach? b. Compute the approximate internal rate of return of each project. Which one should be adopted based on the internal rate of return approach? Complete this question by entering your answer is the tabs below Required A Required Compute the nel present Vale of each project. Which project should be adopted based on the natpress value approach Round your final decimal places 2 Net Present Value Project A Project Which project should be adopted? Required Assignments ACCT202 Homework 10 P1110 114066 prot 1pg 1366.46 chego. The Beach Get Homework He e t Home Help WILL Homework 100 Help Save & Exit Submit Check my work Dwight Donovan, the president of Franklin Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to purchase a machine that will enable factory automation, the machine is expected to have a useful life of three years and no salvage value. Project supports a training program that will improve the skills of employees operating the current equipment. Initial cash expenditures for Project A are $111.000 and for Project Bare $40,000. The annual expected cash inflows are 552.695 for Project A and $17.229 for Project B. Both investments are expected to provide cash flow benefits for the next three years. Franklin Enterprises' desired rate of return is 8 percent. PV of S1 and PVA of Su (Use appropriate factor(s) from the tables provided.) Required a. Compute the net present value of each project. Which project should be adopted based on the net present value approach? b. Compute the approximate internal rate of return of each project. Which one should be adopted based on the internal rate of return approach? Complete this question by entering your answers in the tabs below. Required A Required B of return approach? Compute the approximate internal rate of return of each project. Which one should be adopted based on the internal Internal Rate of Return Project B Which project should be adopted? Required A TABLE 1 PRESENT VALUE OF $1 n 4% 5 % 6% 7% 8% 9% 10% 12% 14% 16% 20% 1 0.961538 0.952381 0.943396 0.934579 0.925926 0.917431 0.909091 0.892857 0.877193 0.862069 0.833333 2 0.924556 0.907029 0.889996 0.873439 0.857339 0.841680 0.826446 0.797194 0.769468 0.743163 0.694444 3 0.888996 0.863838 0.839619 0.816298 0.793832 0.772183 0.751315 0.711780 0.674972 0.640658 0.578704 4 0.854804 0.822702 0.792094 0.762895 0.735030 0.708425 0.683013 0.635518 0.592080 0.552291 0.482253 5 0.821927 0.783526 0.747258 0.712986 0.680583 0.649931 0.620921 0.567427 0.519369 0.476113 0.401878 6 0.790315 0.746215 0.704961 0.666342 0.630170 0.596267 0.564474 0.506631 0.455587 0.410442 0.334898 7 0.759918 0.710681 0.665057 0.622750 0.583490 0.547034 0.513158 0.452349 0.399637 0.353830 0.279082 8 0.730690 0.676839 0.627412 0.582009 0.540269 0.501866 0.466507 0.403883 0.350559 0.305025 0.232568 9 0.702587 0.644609 0.591898 0.543934 0.500249 0.460428 0.424098 0.360610 0.307508 0.262953 0.193807 10 0.675564 0.613913 0.558395 0.508349 0.463193 0.422411 0.385543 0.321973 0.269744 0.226684 0.161506 11 0.649581 0.584679 0.526788 0.475093 0228883 0.387533 0.350494 0.287476 0.236617 0.195417 0.134588 12 0.624597 0.556837 0.496969 0.444012 0.397114 0.355535 0.318631 0.256675 0.207559 0.168463 0.112157 13 0.600574 0.530321 0.468839 0.414964 0.367698 0.326179 0.289664 0.229174 0.182069 0.145227 0.093464 14 0.577475 0.505068 0.442301 0.387817 0.340461 0.299246 0.263331 0.204620 0.159710 0.125195 0.077887 15 0.555265 0.481017 0.417265 0.362446 0.315242 0.274538 0.239392 0.182696 0.140096 0.107927 0.064905 16 0.533908 0.458112 0.393646 0.338735 0.291890 0.251870 0.217629 0.163122 0.122892 0.093041 0.054088 17 0.513373 0.436297 0.371364 0.316574 0.270269 0.231073 0.197845 0.145644 0.107800 0.080207 0.045073 18 0.493628 0.415521 0.350344 0.295864 0.250249 0.211994 0.179859 0.130040 0.094561 0.069144 0.037561 190.474642 0.395734 0.330513 0.276508 0.231712 0.194490 0.163508 0.116107 0.082948 0.059607 0.031301 20 0.456387 0.376889 0.311805 0.258419 0.214548 0.178431 0.148644 0.103667 0.072762 0.051385 0.026084 e l Homework Help me 7% po 51.pg 1366x400 plesischen Yahoo Search R e cor Whe TABLE 2 PRESENT VALUE OF AN ANNUITY OF $1 4 % 5% 6 % 8% 9% 10% 12% 14% 1 0.961538 0.952381 0.943396 0.934579 0.925926 0.917431 0.9090910.892857 0.877193 1.886095 1.859410 1.8333931.808018 1.783265 1.759111 1.735537 1.690051 1.646661 3 2.7750912 .7232482.6730122.6243162.577097 2.531295 2.486852 2.401831 2.321632 4 3.629895 3.545951 3.465106 3.387211 3.312127 3.239720 3.169865 3.037349 2.913712 4.451822 4.329477 4.212364 4.100197 3.992710 3.889651 3.790787 3.604776 3.433081 6 5.242137 5.075692 4.917324 4.766540 4.622880 4.4859194.3552614.1114073 .888668 7 6.002055 5.7863735.582381 5.2063705 .032953 4.868419 4.563757 4.288305 8 6.732745 6.463213 6.209794 5.971299 5.7466395.5348195.3349264.967640 4.638864 7.435332 7.107822 6.801692 6.515232 6.246888 5.995247 5.7590245.3282504.946372 10 8.110896 7.721735 7.360087 7.023582 6.710081 6.417658 6.144567 5.650223 5.216116 11 8.760477 8.306414 7.886875 7.498674 7.138964 6.805191 6.495061 5 .937699 5.452733 12 9.385074 8.863252 8.383844 7.942686 7.536078 7.1607256.8136926.194374 5.660292 13 9.985648 9.393573 8.852683 8.357651 7.903776 7.486904 7.103356 6.423548 5.842362 14 10.563123 9.898641 9.294984 8.745468 8.244237 7.786150 7.366687 6.6281686 .002072 15 11.118387 10.379658 9.712249 9.107914 8.5594798.0606887.6060806.810864 6.142168 16 11.652296 10.837770 10.105895 9.446649 8.8513698.3125587.8237096.973986 6.265060 17 12.165669 11.274066 10.477260 9.763223 9.121638 8 .5436318.021553 7.119630 6.372859 18 12.659297 11.689587 10.827603 10.0590879.371887 8.755625 8.201412 7.249670 6.467420 19 13.133939 12.085321 11.158116 10.335595 9.6035998.9051158.3649207.365777 6.550369 20 13.590326 12.462210 11.46992110.5940149.818147 9.128546 8.513564 7.469444 6.623131 16% 20% 0.862069 0.833333 1.605232 1.527778 2.245890 2.106481 2.798181 2.588735 3.274294 2.990612 3.684736 3.325510 4.038565 3.604592 4.343591 3.837160 4.606544 4.030967 4.833227 4.192472 5.028644 4.327060 5.197107 4.439217 5.342334 4.532681 5.467529 4.610567 5.575456 4.675473 5.668497 4.729561 5.748704 4.774634 5.817848 4.812195 5.877455 4.843496 5.928841 4.869580