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Use the NPV method to determine whether Rouse Products should invest in the following projects: Project A: Costs $290,000 and offers eight annual net cash inflows of $53,000. Rouse Products requires an annual return of 14% on investments of this nature. Project B: Costs $380,000 and offers 10 annual net cash inflows of $77,000. Rouse Products demands an annual return of 12% on investments of this nature. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the requirements Requirement 1. What is the NPV of each project? Assume neither project has a residual value. Round to two decimal places. (Enter any factor amounts to three decimal places, X.XXX. Use parentheses or a minus sign for a negative net present value.) Caclulate the NPV (net present value) of each project. Begin by calculating the NPV of Project A. Project A: Net Cash Present Annuity PV Factor (i=14%, n=8) Years Inflow Value 1-8 Present value of annuity 53000 4.639 245867 290000 0 Investment Net present value of Project A (44133) Calculate the NPV of Project B Net Cash Present Project B: Years Inflow Annuity PV Factor (i=12%, n=10) 5.650 Value 1 - 10 Present value of annuity 77000 435050 380000 0 Investment Net present value of Project B 55,050 Requirement 2. What is the maximum acceptable price to pay for each project? Maximum Acceptable Price 245867 Project A Project B 435050 Requirement 3. What is the profitability index of each project? (Round to two decimal places, X.XX.) Select the formula, then enter the amounts to calculate the profitability index of each project. Present value of net cash inflows Initial investment Profitability Index .18 Project A 53000 1 290000 Project B 55050 380000 .14