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Cullumber Company is considering two different, mutually exclusive capital erpenditure proposals: Project A will cost $519,000, has an expected useful life of 12 years and

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Cullumber Company is considering two different, mutually exclusive capital erpenditure proposals: Project A will cost $519,000, has an expected useful life of 12 years and a salvage value of zero, and is expected to increase net annual cash flows by $71.600. Project 8 wili cost $367,000, has an expected useful life of 12 years and a salvage value of zero, and is expected to increase net annual cash flows by 551,800 . A discount rate of 7% is appropriate for both projects. Click here to view the factor table Compute the net present value and profitability index of each project. af the net present volue is negotive, use either a nesotive sign preceding the number es -45 or parentheses es (45). Round present value answers to 0 decimal places, es, 125 and profitability inder arowers to 2 decimal places, es.15.25. For cakculation purposes, use 5 decimal ploces as displayed in the foctor table provided.) Which project should be accepted based on Net Present Value? should be accepted. Which project should be accepted based on proftability index

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