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Sheridan Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $511,000, has an expected useful life of 12 years, a

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Sheridan Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $511,000, has an expected useful life of 12 years, a salvage value of zero, and is expected to increase net annual cash flows by $74,300. Project will cost $330,000, has an expected use life of 12 years, a salvage value of nero, and is expected to increase net annual cash nows by 549,000. A discount rate of 8% is appropriate for both projects. Crk here to view py_table. Compute the net present value and profitability index of each project ( the net present value is negative, use e/ther a negative sign preceding the number og 5 or parentheses e 545). Round present value answers to decimal places, c.p. 125 and profitability index answers to 2 decimal places, eg15.25. For calculation purposes, es decimal places as displayed in the factor table provided.) Net present value. Project A Profitability Index - Project A Net present value. Project $ Profitability index. Project Which project should be accepted based on Net Present Value? should be accepted Which project should be accented based on proteoblity index? : should be accepted

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