1. What are the NPV, PI, and IRR for projects? Are there any conflicts among the three methods? 

2. Was Ross correct in stating that the NPV, PI, and IRR will necessarily yield the same ranking order? Under what situations might the NPV, PI, and IRR methods provide different rankings? 

3. Are these projects comparable, even though they have unequal lives? Why? Which project should be chosen?

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Ross Austin Auto Technologies (RAAT) The United States Aftermarket Automotive Parts and Components market is $17.5 billion. It is expected to reach $20 billion in the next five years, registering a CAGR of around 2% during the forecast period. The automotive industry in the USA is a significant contributor to the country's economy, with a wide variety of companies involved in manufacturing automotive parts. Ross Austin is one of the top automotive parts companies in the USA. The State of the Auto Industry On May 18, President Joe Biden made the case for his $174 billion electric-vehicle proposal, urging automakers not to build zero-emission vehicles abroad for U.S. consumers. The president stated, "We need automakers and other companies to keep investing here in America and not take the benefits of our public investments and expand electric vehicles and battery manufacturing abroad," Biden said on a visit to a Ford Motor Co (F.N) electric-vehicle plant in Dearborn, Michigan, to see the EV version of its best-selling F-150 pickup truck. The US Department of Energy plans to fuel the auto industry's transition to electric vehicles with $12 billion in loans and grants and $2 billion in loans to convert US automaker and supplier facilities into hybrid and electric vehicles manufacturing centers. The Energy Department also said it plans to invest $3.5 billion to boost US production of advanced batteries and battery materials to support the country's transition to electric vehicles and clean energy. The program aims to build or refurbish factories in communities with existing auto manufacturing facilities and to bolster the domestic EV supply chain. Ross Austin Auto Technologies- Company's Background Ross Austin Auto produces headlamps, interior lighting, rear combination lamps, car body lights, sensors, radar sensors, battery sensors & battery management systems, converters & electronic power steering. Ross Austin Auto was founded in 2011 by Ross Austin and His brother Robert to produce auto parts for the Detroit automakers. For the first ten years of operations, Ross Austin worked solely as an automaker subcontractor. Still, since then, it has substantially diversified to avoid the cyclical problems the auto industry faces. By 2021, this diversification attempt led RAAT to produce over 1,000 items, including sensors, radar sensors, battery sensors & battery management systems. It also led to an increase in sales of 800% from 2019 to 2022. As a corresponding increase in production volume and sales, RAAT spent $10 to expand production facilities. The expansion increased production capacity by about 40%. Because of the increased production capacity, RAAT Ross Austin Auto Technologies (RAAT) The United States Aftermarket Automotive Parts and Components market is $17.5 billion. It is expected to reach $20 billion in the next five years, registering a CAGR of around 2% during the forecast period. The automotive industry in the USA is a significant contributor to the country's economy, with a wide variety of companies involved in manufacturing automotive parts. Ross Austin is one of the top automotive parts companies in the USA. The State of the Auto Industry On May 18, President Joe Biden made the case for his $174 billion electric-vehicle proposal, urging automakers not to build zero-emission vehicles abroad for U.S. consumers. The president stated, "We need automakers and other companies to keep investing here in America and not take the benefits of our public investments and expand electric vehicles and battery manufacturing abroad," Biden said on a visit to a Ford Motor Co (F.N) electric-vehicle plant in Dearborn, Michigan, to see the EV version of its best-selling F-150 pickup truck. The US Department of Energy plans to fuel the auto industry's transition to electric vehicles with $12 billion in loans and grants and $2 billion in loans to convert US automaker and supplier facilities into hybrid and electric vehicles manufacturing centers. The Energy Department also said it plans to invest $3.5 billion to boost US production of advanced batteries and battery materials to support the country's transition to electric vehicles and clean energy. The program aims to build or refurbish factories in communities with existing auto manufacturing facilities and to bolster the domestic EV supply chain. Ross Austin Auto Technologies- Company's Background Ross Austin Auto produces headlamps, interior lighting, rear combination lamps, car body lights, sensors, radar sensors, battery sensors & battery management systems, converters & electronic power steering. Ross Austin Auto was founded in 2011 by Ross Austin and His brother Robert to produce auto parts for the Detroit automakers. For the first ten years of operations, Ross Austin worked solely as an automaker subcontractor. Still, since then, it has substantially diversified to avoid the cyclical problems the auto industry faces. By 2021, this diversification attempt led RAAT to produce over 1,000 items, including sensors, radar sensors, battery sensors & battery management systems. It also led to an increase in sales of 800% from 2019 to 2022. As a corresponding increase in production volume and sales, RAAT spent $10 to expand production facilities. The expansion increased production capacity by about 40%. Because of the increased production capacity, RAAT