Cummings Products Company is considering two projects. The projects' cash flows are as follows: 1. Why is investment decision important to a management accountant? 2. What a mutually exclusive project and an independent project? 3. Calculate the Net Present Value of the two projects if the cost of capital of the company is 9% and decide which one is better? 4. What is the IRR of the two projects? When can IRR conflict with NPV? Which method will be more suitable if the two methods conflict? 5. Use a graph to find the IRR of the two projects [use different discount rates to be able to draw the graph]