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McKnight Comary is considering two different mutually exclusive capital expenditure proposals. Project A will cost $523,000, has an expected useful life of 12 years a

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McKnight Comary is considering two different mutually exclusive capital expenditure proposals. Project A will cost $523,000, has an expected useful life of 12 years a salvage value ofrero, and is expected to increase net annual cash flows by $72.100. Project B will cost $358.000. has an expected useful life of 12 years, a salvage value of zero, and is expected to increase net annual cash flows by $50.400. A discount rate of 7% is appropriate for both projects. Click here to view PV table. Compute the net present value and profitability index of each project of the net present value is negative, use either a negative sign preceding the number -45 or parentheses es (451. Round presene valest answers to decimal places, eg. 125 and profitability Index answers to 2 decimal places, es 15.25. For calculation purposes, use 5 decimal places as displayed in the factor table provided) Net present value - Project A $ I Profitability index - Project A Net present value. Project B $ Profitability index - Project B Which project should be accepted based on Net Present Value? should be accepted Net present value - Project B $ Profitability index - Project B Which project should be accepted based on Net Present Value? should be accepted. Which project should be accepted based on profitability index? should be accepted. Save fou

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