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Phoenlx Company is considering investments in projects C1 and C2. Both require...

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Accounting

Phoenlx Company is considering investments in projects C1 and C2. Both require an Initial investment of $336,000 and
would yleld the following annual net cash flows. (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use approprlate factor(s)
from the tables provided.)
a. The company requires a 8% return from its Investments. Compute net present values using factors from Table B.1 in
Appendlx B to determine which projects, If any, should be accepted.
b. Using the answer from part a, is the internal rate of return higher or lower than 8% for (I) Project Cl and (II) Project
C2? Hint: It is not necessary to compute IRR to answer this question.
Complete this question by entering your answers in the tabs below.
The company requires a 8% return from its investments. Compute net present values using factors from Table B.1 in
Appendix B to determine which projects, if any, should be accepted. (Negative net present values should be indicated with a
minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.)
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