Why are the areas with "red X" wrong, but the present value index are right?

why dont the numbers with the "red X" work, what are they then?

* Check My Work The internal rate of return calculation is a two-step process. First. you must divide the present value of the initial invest your computed value, you have determined a percentage that is the internal rate of return for the project arrive at the IRR factor. Next, use the table for the pre Part Five APPLY THE CONCEPTS: Net present value and Present value index Krause Manufacturing is looking to invest in Project A or Project B. The data surrounding each project is provided below. Krause's cost of capital is 119%. Project A Project B This project requires an initial investment of This project requires an initial investment of $165,000. The project will have a life of 6 $130,000. The project will have a life of 4 years. Annual revenues associated with the years. Annual revenues associated with the project will be $130,000 and expenses project will be $107,000 and expenses associated with the project will be $35,000. associated with the project will be $60,000. Calculate the net present value and the present value index for each project using the present value tables provided below. Present Value of $1 (a single sum) at Compound Interest. Present Value of an Annuity of $1 at Compound Interest Note: . Use a minus sign to indicate a negative NPV. . If an amount is zero, enter "D . . Enter the present value index to 2 decimals. Project A Project B Total present value of net cash flow $ 401,901 X 145,815 X Amount to be invested 165,000 130,000 Net present value 236,901 X 15,815 X Present value index: Project A 2.44 Project B 1.12 Based upon net present value, which project has the more favorable profit prospects? |Project A| Based upon the present value index, which project is ranked higher? Project A M| Check the Work Check My Work All work saved ere to search O