K10. Current Attempt in ProgressBonita Company is considering two different, mutually exclusive capital expenditure proposals Project A will cost $476.000, hamexpected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flows by $67,000 Project willcost $319,000, has an expected useful life of 13 years and a salvage value of zero, and is expected to increase net annual cash flow by$47.000 A discount rate of 8% is appropriate for both projectsClick here to view the factor tableCalculate the net present value and profitability index of each project. Of the net present value is negative, use either a negative signpreceding the number eg -45 or parentheses eg (45). Round present value answers to 0 decimal places, es 125 and profitability inderanswers to 2 decimal places, eg. 15.52. For calculation purposes, use 5 decimal places as displayed in the factor table provided, es 1.25124)Net present valueProfitability indexProject AWhich project should be accepted based on net present value?should be accepted.Project

Net Present Value (NPV) is the present worth of the cash flows to be received or paid in the future…

Calculate the net present value and profitability index of each project. Of the net present value is negative, use either a negative sign preceding the number eg -45 or parentheses eg (45) Round present volue answers to 0 decimal places, es 125 and profitability index answers to 2 decimal places, eg 15.52. For calculation purposes, use 5 decimal places on displayed in the factor table provided 1.25124)