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Short Answer (8 points) Your firm is attempting to select between the following two mutually exclusive projects and has tasked you with identifying the best

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Short Answer (8 points) Your firm is attempting to select between the following two mutually exclusive projects and has tasked you with identifying the best project. Please provide a recommendation to your superiors on which project to choose, in your recommendation, comment on the cash flowof these two projects specifically and indicate why you did not use the IRR or payback period methods to evaluate the projects. The firm's required rate of return for all projects is 8% Project Cash Flows ear Project A 20,000 7,000 7,000 7000 4,000 2,000 Project B 20,000 4,000 2,000 12,000 7,000

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