Fuji Software Inc. has the following mutually exclusive projects. Year Project A Project B 0 $ 25,000 $ 28,000 1 14,500 15,500 2 11,000 12,000 3 3,400 11,000

a-1. Calculate the payback period for each project. (Do not round intermediate calculations. Round the answers to 3 decimal places.) Payback period Project A years Project B years

a-2. Which, if either, of these projects should be chosen? multiple choice 2 Project A Project B Both projects Neither project

b-1. What is the NPV for each project if the appropriate discount rate is 17 percent? (Do not round intermediate calculations. Negative amounts should be indicated by a minus sign. Round the answers to 2 decimal places. Omit $ sign in your response.) NPV Project A $ Project B $

b-2. Which, if either, of these projects should be chosen if the appropriate discount rate is 17 percent? multiple choice 4 Project A Project B Both projects Neither project