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Use the NPV method to determine whether Rouse Products should invest in the following projects? - Project A: Costs $295,000 and offers seven annual net
Use the NPV method to determine whether Rouse Products should invest in the following projects? - Project A: Costs $295,000 and offers seven annual net cash inflows of $52,000. Rouse Products requires an annual return of 14% on investments of this nature. - Project B: Costs $380,000 and offers 10 annual net cash inflows of $72,000. Rouse Products demands an annual return of 12% on investments 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 requirements. 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.) Requirements
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