Consider the following projects being considered by Hawkins Products: (Click the icon to view the projects.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Compute the IRR of each project, and use this information to identify the better investment. The IRR for each project is: Project A: Project B : More info - Project A: Costs $285,000 and offers seven annual net cash inflows of $55,000. Hawkins Products requires an annual return of 14% on investments of this nature. - Project B : Costs $395,000 and offers 10 annual net cash inflows of $77,000. Hawkins Products demands an annual return of 12% on investments of this nature. Consider the following projects being considered by Hawkins Products: (Click the icon to view the projects.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Compute the IRR of each project, and use this information to identify the better investment. The IRR for each project is: Project A: Project B : More info - Project A: Costs $285,000 and offers seven annual net cash inflows of $55,000. Hawkins Products requires an annual return of 14% on investments of this nature. - Project B : Costs $395,000 and offers 10 annual net cash inflows of $77,000. Hawkins Products demands an annual return of 12% on investments of this nature