HW HELP

Managerial Accounting

* ATTACHED FILE BELOW *

Thank You.

Labeau Products, Ltd., of Perth, Australia, has $17,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project Invest in Project X $ 17,000 $ 6,000 6 years Invest in Project Y $ 17,000 $ 40,000 6 years The company's discount rate is 17%. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: a. Determine the net present values. (Any cash outflows should be indicated by a minus sign. Round discount factor(s) to 3 decimal places.)