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Perrot Industries has $345,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives follow Project $300.000 Cost

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Perrot Industries has $345,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives follow Project $300.000 Cost of equipment required Working capital investment required Annual cash inflows Salvage value of equipment in six years Life of the project 5300,000 54,900 67.900 21.400 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 Exhib:10 1 and Exhibit 10.2 to determine the appropriate discount factors) using tables Required: 1-3. 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 Procent value Project Projects Hot Present Value Project A Project B 1-b. Which investment alternative (if either would you recommend that the company accept Project A Project B 1 of 3 Next

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