Problem $3-12$ Sources and Uses of Cash $($LO$1)$Porkallen Inc. hos identified the following two mutually exclusive projects:

a$-1.$ Whot is the IRR for each of these projects? $($Do not round Intermediate calculations. Round the final answers to $2$ decimal

places.$)$

a$-2.$ Using the IRR decision rule, which project should the compony accept?

Project A

Project B

a$-3.$ Is this decision necessarily correct?

Yes

No

b$-1.$ If the required return is $11\%,$ what is the NPV for each of these projects? $($Do not round Intermedlate calculatlons. Round the final

answers to $2$ decimal places. Omit $ sign In your response.$)$

b$-2.$ Which project will the company choose if it opplies the NPV decision rule?

Project A

Project B

c$.$ At whot discount rate would the company be indifferent between these two projects? $($Do not round Intermedlate calculations.

Round the final answer to $2$ decimal places.$)$

Birtle Corporation reports the following statement of financlal position Information for $2017$ and $2018.$

For each account on Birtle Corporation's statement of financial position, show the change in the account during $2018$ and note

whether this change was a source or use of cash. $($If there is no actlon select "None" from the dropdown optlons. Do not leave any

empty spaces; Input a $0$ wherever It is required. Negative answers should be Indlcated by a minus sign. Omit $ sign In your

response.$)$