Following is information on two alternative investments being considered by Tiger Co. The company requires a 5% return from its investments. Project x1 $(112,000) Project x2 $ (184,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 41,000 51,500 76,500 84,000 74,000 64,000 Compute the internal rate of return for each of the projects using Excel functions. Based on internal rate of return, indicate whether each project is acceptable. (Round your answers to 2 decimal places.) IRR Acceptable? % Project X1 Project X2 % Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments. Project A $ (196,000) Project B $(141,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 49,000 65,000 89,295 99,400 74,000 41,000 59,000 75,000 75,000 75,000 Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) IRR % Project A Project B %