Blue Hamster Manufacturing Inc.'s decision to accept or reject project Beta is independent of its decisions on other projects. If the firm follows the NH method, it should project Beta. Suppose your bos id you to analyze two mutually exclusive projects - project A and project B. Both projects require the same investment amount, and the in inflows of Project A is larger than the sum of cash inflows of project B. A coworker told you that you don't need to do an NPV analysis of the projewa because you already know that project A will have a larger NPV than project B. Do you agree with your coworker's statement? No, the NPV calculation is based on percentage returns, so the size of a project's cash fiows does not affect a project's NPV. Yes, project A wil always have the largest NPV, because its cash inflows are greater than project B's cash inflows. No, the NPV calculation will take into account not only the projects' cash inflows but also the timing of cash inflows and outflows. Consequently, project B could have a larger NPV than project A, even though project A has larger cash inflows