wNWP Assessment Builder U X NWP Assessment Player U A Player A Player (7) WhatsApp x CChegg.com x + education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=68dfcd06-b7c9-4ac1-8614-0a900860a274#/question/2 Lab 13 on Ch 13: Investment Appraisal Question 3 of 9 < > View Policies Current Attempt in Progress 26C Mostly cloudy -/5 Jonczyk Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $451,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $74,000. Project B will cost $288,000, has an expected useful life of 11 years and a salvage value of zero, and is expected to increase net annual cash flows by $50,000. A discount rate of 9% is appropriate for both projects. Click here to view PV table. Calculate the net present value and profitability index of each project. (If the net present value is negative, use either a negative sign preceding the number e.g.-45 or parentheses e.g. (45). Round present value answers to O decimal places, e.g. 125 and profitability index answers to 2 decimal places, e.g. 15.52. For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124.) Project A Net present value $ Profitability index $ Which project should be accepted based on net present value? should be accepted. Project B ENG 02:38 Pr IN 27-07-2022