Use the NPV method to determine whether White Products should invest in the following projects: Requirement 1. What is the NPV of each project? Assume neither project has a residual value. Round to two decimal places. (Enter any factor amo places, XXXX, Use parentheses or a minus sign for a negative net present value.) Caclulate the NPV (net present value) of each project. Begin by calculating the NPV of Project A. Calculate the NPV of Project B. Requirement 2. What is the maximum acceptable price to pay for each project? Requirement 3. What is the profitability index of each project? (Round to two decimal places, X.XX.) Select the formula, then enter the amounts to calculate the profitability index of each project. Project B fulator Ask my instructor Clear all Use the NPV method to determine whether Smith Products should invest in the following projects: - Project A: Costs $295,000 and offers seven annual net cash inflows of $53,000, Smith Products requires an annual return of 12% on investments of this nature. - Projoct B: Cosfs $400,000 and offers 10 annual net cash inflows of $73,000. Smith Products demands an annuai return of 10% on irvestments of this nature (Click the loon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the requmements Reference Reference