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Labeau Products. Ltd. Of Perth, Australia Has $20,000 to invest. The company is trying to decide between two alternatives uses for the funds as follows:

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Labeau Products. Ltd. Of Perth, Australia Has $20,000 to invest. The company is trying to decide between two alternatives uses for the funds as follows: The company's discount rate is 16%. Click here to view Exhibit 13B-1 and Exhibit 13B-2 to determine the appropriate discount factor(s) using tables. Required: Determine the net present values. Which alternative would you recommended that the company accept? Project X Project Y

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