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The Angry Bird Corporation is trying to choose between the following two mutually exclusive design projects: Year WNO Cash Flow Cash Flow (1) (ID) -$64,000

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The Angry Bird Corporation is trying to choose between the following two mutually exclusive design projects: Year WNO Cash Flow Cash Flow (1) (ID) -$64,000 _$18,000 31,000 9,700 31,000 9,700 31,000 9,700 a-1 If the required return is 10 percent, what is the profitability index for both projects? (Round your answers to 3 decimal places. (e.g., 32.161)) Profitability Index Project 1 Project II a-2 If the company applies the profitability index decision rule, which project should the firm accept? O Project 1 Project 1 b-1 What is the NPV for both projects? (Round your answers to 2 decimal places. (e.g., 32.16)) Project 1 Project 11 NPV $ $ b-21f the company applies the NPV decision rule, which project should it take? O Project 1 O Project 1

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