Question 8 0.83/1 View Policies Show Attempt History Current Attempt in Progress - Your answer is partially correct. Swifty Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $448,000, has an expected useful life of 12 years, a salvage value of zero, and is expected to increase net annual cash flows by $69,500. Project B will cost $290,000, has an expected useful life of 12 years, a salvage value of zero, and is expected to increase net annual cash flows by $46,400. 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 O decimal places, e.g. 125 and profitability index answers to 2 decimal places, eg. 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 49674 1.11 $ 42260 Profitability index - Project B 1.15 Which project should be accepted based on Net Present Value? Project A should be accepted. Which project should be accepted based on profitability index? Project B should be accepted