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Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley...

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Accounting

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Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $18,000, and that for the pulley system is $22,000. The firm's cost of capital is 14%. After-tax cash flows, including depreciation, are as follows: Year Truck Pulley 1 $5,100 $7,500 2 5,100 7,500 3 5.100 7,500 4 5,100 7,500 5 5,100 7,500 Calculate the TRR, the NPV, and the MIRR for each project, and indicate the correct accept/relect decision for each. Do not round Intermediate calculations. Round the monetary values to the nearest dollar and percentage values to two decimal places. Use a minussion to enter negative values. If any. Truck Pulley Value Decision Value Decision IRR 3 NPV 9760 143523 MIRR At Grade it Now Save & Continue continue tout saving

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