Bader is considering two independent projects. Project A costs KD 168 and has projected cash flows of KD 720 KD 592 and KD 417 for Years 1 to 3, respectively. Project B costs KD 675 and has cash flows of KD 480 KD 185 and KD 134 for Years 1 to 3, respectively. Bader assigns a discount rate of 10 % to Project A and 12_% to Project B. Which project or projects, if either, should he accept based on the profitability index rule? Urban Cafe is considering a project that will not produce any sales but will decrease annual cash expenses by KD 8400 If the project is implemented, annual taxes will increase from KD 628 to KD 699 and depreciation will increase from KD 4,000 to KD 5,500 per year. What is the amount of the annual operating cash flow using the top-down approach