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please write properly Labeau Products Ltd., of Perth, Australia, has $45,000 to invest. The company is trying to decide between two alternative uses for the
please write properly
Labeau Products Ltd., of Perth, Australia, has $45,000 to invest. The company is trying to decide between two alternative uses for the funds, as follows: Investment Options Project X Project Y $ 45,000 $ 45,000 14,000 190,000 Initial Investment Annual cash inflows Single cash inflow at the end of 10 years Life of the project 31 10 years 10 years Labeau's discount rate for both projects is 16%. (Ignore income taxes.) Click here to view Exhibit 10-1 and Exhibit 10-2, to determine the appropriate discount factor(s) using tables. Required: Determine the net present value. (Negative amounts should be indicated with a minus sign. Round discount factor(s) to 3 decimal places.) Net Present Value Project X Project Y Which alternative would you recommend that the company accept? O Project X O Project YStep by Step Solution
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