LIL_con=con external_browser=0&launchurl=https%253A%252F%252Fims.me anning for Capital Investments [d.. Saved Help Dwight Donovan, the president of Franklin Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them Project A is to purchase a machine that will enable factory automation the machine is expected to have a useful life of five years and no salvage value. Project B supports a training program that will improve the skills of employees operating the current equipment Initial cash expenditures for Project A are $109,000 and for Project are $43.000 The annual expected cash inflows are $36.447 for Project A and $11.929 for Project B. Both investments are expected to provide cash flow benefits for the next five years. Franklin Enterprises desired rate of return is 6 percent of Stand PVA of 5) (Use appropriate factor(s) from the tables provided.) Required a. Compute the net present value of each project. Which project should be adopted based on the det present value approach b. Compute the approximate internal rate or return of each project with one should be adopted based on the internate on approach Complete this question by entering your answers in the tabs below. Bred Required Compute the approximate internal rate at ton of each project. Which one should be red based on the return prosch