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Please only do the problems highlighted in red as those are the only incorrect answers. thank you for helping me. This is all the information
Please only do the problems highlighted in red as those are the only incorrect answers. thank you for helping me. This is all the information provided.
TABLE 2 Future Value of an Annuity of 1 TABLE 3 Present Value of 1 TABLE 4 Present Value of an Annuity of 1 Sunland Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $448,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $73,100. Project B will cost $299,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $50,300. 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 0 decimal places, e.g. 125 and profitability index answers to 2 decimal places, e.g. 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 $ Profitability index - Project B Which project should be accepted based on Net Present Value? should be acceptedStep by Step Solution
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