NPV and IRR analysis of projects Thomas Company is considering two mutually exclusive projects. The firm, which has a cost of capital of 12%, has estimated its cash flows as shown in the following table: .. a. Calculate the NPV of each project, and assess its acceptability. b. Calculate the IRR for each project, and assess its acceptability. a. The NPV of project A is $ . (Round to the nearest cent.) According to the NPV method, is project A acceptable? (Select the best answer below.) O O Yes No The NPV of project Bis $ . (Round to the nearest cent.) Is project B acceptable on the basis of NPV? (Select the best answer below.) O No O Yes b. The IRR of project Ais %. (Round to two decimal places.) Is project A acceptable on the basis of IRR? (Select the best answer below.) O Yes nam The IRR of project B is %. (Round to two decimal places.) Is project B acceptable on the basis of IRR? (Select the best answer below.) O Yes O No (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Project A $130,000 e Project B $107,000 Initial investment (CF) Year (0) Cash inflows (CF) $35,000 $60,000 $20,000 $45,000 $30,000 $35,000 $60,000 $15,000 $50,000 $15,000