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Idaho Farm Services Company has received two proposals for a new General-Purpose Wheat Harvester. Information provided for each harvester is as follows: Idaho Farm uses

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Idaho Farm Services Company has received two proposals for a new General-Purpose Wheat Harvester. Information provided for each harvester is as follows: Idaho Farm uses a discount rate of 9% to evaluate both projects. Note: Factor for the Present Value of an Ordinary Annuity 10 years @ 9%=6.41766 Instructions (a) Calculate the net present value of both models. (b) Calculate the profitability index for each model. (c) Which project should Idaho Farm Services accept? (d) What might be some "qualitative" factors to consider

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