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Round your NPV answers to the nearest whole dollar amounts. Round your P and IRR answers to 2 decimal places.) Project A (Redesign production process)
Round your "NPV" answers to the nearest whole dollar amounts. Round your "P" and "IRR" answers to 2 decimal places.) Project A (Redesign production process) (500,000) $ 100,000 8 years $ 80,000 $ Project B (Remodel office building) $ (420,000) $ 60,000 10 years $ 75,000 Project C (New training facility) $ (320,000) $ 80,000 6 years $ 30,000 Required investment Annual cost savings Project life Salvage value Payback period NPV @12% Profitability index @12% Internal rate of return years years years % % % 2. Based strictly on the economic analysis, in which project should they invest? Project A Project B O Project C
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