weaknesses 3. Which expansion plan should Lada Frimate Plan AS IRR. How does it weaknesses of the cab ingwa dos choose Why? es the IRR compare with the company's rate of return? P-3IA Using payback od NPV with unequal cash flows Mandel Manufacturing, Inc. has a man company is considering two options cost of $1,100,000. If refurbished, Mandel and then have no residual value. Option 2 is to has a manufacturing machine that needs options. Option is to refurbish the current mad Mandel expects the machine to last other digna Option 2 is to replace the machine of Lig 2. 52.200.000. A new machine would expects the following net cash inflows from the chine would last 10 years and have no residual al h inflows from the two options: Refurbish Current Machine Year $ 280,000 500,000 380,000 260,000 140,000 140,000 140,000 140,000 Purchase New Machine $ 260,000 740,000 620,000 500,000 380,000 380,000 380,000 380,000 380,000 380,000 $4,400,000 Total 5 1.980,000 Mandel uses straight-line depreciation and requires an annual retum of 10 Requirements pute the payback the ARR, the NPV, and the profitability index options. 2 Which option should Mandel choose? Why? 1-32A Using Excel