se the NPV method to determine whether Smith Products should invest in the following projects Project A Costs $290,000 and offers eight annual net cash inflows of $56,000 Smith Products requires an annual return o 12% on investments of this nature. Project B Costs S385,000 and offers 10 annual net cash infos of $72,000. Smith Products demands an annual return of 10% on nvestments of this nature. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the reauirements Requirement 1. What is the NPV of each project? Assume neither project has a residual value. Round to two decimal places. (Enter any factor amounts to three decimal places, XXXx. Use parentheses or a minus sign for a negative net present value.) Caclulate the NPV (net present value) of each project. Begin by calculating the NPV of Pr Project A: Net Cash Inflow Annuity PV Factor (i-12%, n-8) Present Value Years 1-8 Present value of annuity Choose from any list or enter any number in the input fields and then continue to the next question. is Question: 16 pts 1 of 9 (2 complete) This T Use the NPV method to determine whether Smith Products should invest in the following projects: Project A: Costs $290,000 and offers eight annual net cash inflows of $56,000. Smith Products requires an annual return of 12% on investmen Project B: Costs S385000 and offers 10 annual net cash inflows of $72,000. Smith Products demands an annual return of 10% on investments Click the icon to view Present Value of $1 table. @Click the icon to view Present Value of Ordinary Annuity of $1 table. Read the tequirements 1-10 Present value of annuity 0 Investment Net present value of Project B Requirement 2. What is the maximum acceptable price to pay for each project? Maximum Requirement 2. What is the maximum acceptable price to pay for each project? Maximum Acceptable Price Project A Project B c e the NPV method to determine whether Smith Products should invest in the following projects: Project A: Costs $290,000 and offers eight annual net cash inflows of $56,000. Smith Products requires an annual retur Project B: Costs $385,000 and offers 10 annual net cash inflows of $72,000. Smith Products demands an annual return (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $ ead the requirements roject A roject B Requirement 3. What is the profitability index of each project? (Round to two decimal places, XXx) Select the formula, then enter the amounts to calculate the profitability index of each project Profitability Index Project A Choose from any list or enter any number in the input fields and then continue to the next