Question 3 of 4 - /1 View Policies Current Attempt in Progress Ivanhoe Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $175,000, has an estimated useful life of 7 years and a salvage value of zero, and will increase net annual cash flows by $38,346. Click here to view the factor table. What is its approximate internal rate of return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124 and final answers to O decimal places, e.g. 16%.) Internal rate of return % e Textbook and Media Save for Later Attempts: 0 of 3 used Submit AnswerQuestion 4 of 4 - /4 E View Policies Current Attempt in Progress Indigo Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $435,000, has an expected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flows by $69,000. Project B will cost $331,000, has an expected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flows by $54,000. A discount rate of 10% is appropriate for both projects. Click here to view the factor table. Calculate 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 e.g. -45 or parentheses e.g. (45). Round present value answers to O decimal places, e.g. 125 and profitability index answers to 2 decimal places, e.g. 15.52. For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124.) Project A Project B Net present value $ $ Profitability index Which project should be accepted based on net present value? V should be accepted. Which project should be accepted based on profitability index? V should be accepted