Oriole Industries is expanding its product line and its production capacity. The costs and expected cash flows of the two independent projects are given in the following table. The firm uses a discount rate of $18\mathrm{.}68$ percent for such projects.

a$.$ What are the NPVs of the two projects? $($Enter negative amounts using negative sign, e$.$g$.-45\mathrm{.}25.$ Do not round discount factors. Round other intermediate calculations and final answer to O decimal places, e$.$g$.1,525.)$

NPV of product line expansion is

$

NPV of production capacity expansion is

$

b$.$ Should both projects be accepted? or either? or neither?

Oriole should acceptOriole Industries is expanding its product line and its production capacity. The costs and expected cash flows of the two independent

projects are given in the following table. The firm uses a discount rate of $18\mathrm{.}68$ percent for such projects.

a$.$ What are the NPVs of the two projects? $($Enter negative amounts using negative sign, e$.$g$.-45\mathrm{.}25.$ Do not round discount factors. Round

other intermediate calculations and final answer to $0$ decimal places, e$.$g$.1,525.)$

NPV of product line expansion is

NPV of production capacity expansion is

b$.$ Should both projects be accepted? or either? or neither?

Oriole should accept

only the product line expansion

only the production capacity expansion

both projects

neither project