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Perrot Industries has $330.000 to invest The company is trying to decide between two alternative uses of the funds. The alternatives follow Project $285,000 Cost

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Perrot Industries has $330.000 to invest The company is trying to decide between two alternative uses of the funds. The alternatives follow Project $285,000 Cost of equipment required Working capital investment required Annual cash inflows Salvage value of equipment in six years Life of the project 5 285,000 57,900 64,050 22,600 6 years 6 years The working capital needed for project will be released at the end of six years for investment elsewhere. Perrot Industries' discount rate is 10% Click here to view Exhibit 10.1 and Exhibit 10-2. to determine the appropriate discount factors) using tables Required: 1-a. Calculate net present value for each project. (Negative amount should be indicated with a minus sign. Round discount factor(s) to 3 decimal places. Round other intermediate calculations and final answers to the nearest whole number.) Net Present Value Project A Project B

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