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McKnight Company is considering two different mutually exclusive capital expenditure proposals. Project A will cost $450,000, has an expected useful life of 11 years, a

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McKnight Company is considering two different mutually exclusive capital expenditure proposals. Project A will cost $450,000, has an expected useful life of 11 years, a salvage value of zero, and is expected to increase net annual cash flows by 573,500. Project B will cost $298.000 has an expected useful life of 11 years, a salvage value of zero, and is expected to increase net annual cash flows by $50.200. A discount rate of 9% is appropriate for both projects. Click here to view PV table Compute the net present value and profitability index of each project. If the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round present value answers to decimal places, es 125 and profitability index answers to 2 decimal places, a.s. 15.25. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value - Project A $ Profitability index Project A Net present value - Project B Prohtability index - Project B Which project should be accepted based on Net Present Value? should be accepted

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