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Please show work and round to two decimal places as seen in the first answer provided. please complete all steps a - e. Thank you

Please show work and round to two decimal places as seen in the first answer provided. please complete all steps a - e. Thank youimage text in transcribedimage text in transcribed

NPVMutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative replacement machines are under consideration. The relevant cash flows associated with each are shown in the following table: E. The firm's cost of capital is 10%. a. Calculate the net present value (NPV) of each press. b. Using NPV, evaluate the acceptability of each press. c. Rank the presses from best to worst using NPV. d. Calculate the profitability index (PI) for each press. e. Rank the presses from best to worst using Pl. a. The NPV of press Ais $ $9,394.70". (Round to the nearest cent.) The NPV of press B is $ . (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. Data Table = (N otabi (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) wor (Pill wor @ Machine A $84,500 Machine C $130,400 7.70 Initial investment (CF) Year (t) ndt 00 voo AWN- $17,600 $17,600 $17,600 $17,600 $17,600 $17,600 $17,600 $17,600 Machine B $60,100 Cash inflows (CF) $12,400 $13,800 $16,400 $17,800 $19,500 $25,000 $49,700 $29,700 $20,100 $19,800 $20,100 $30,400 $39,600 $50,300 bo) Print Done

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