(Ignore income taxes in this problem.) The Sawyer Corporation has $145,000 to invest and is considering two different projects, X and Y. The following data are available on the projects: Click here to view Exhibit 8B-1 and Exhibit 8B-2 to determine the appropriate discount factor(s) using tables. Project X Project Y Cost of equipment needed now $ 145,000 Working capital requirement - $ 145,000 Annual cash operating inflows $ 37,000 $ 32,000 Salvage value in 5 years $ 6,000 - Both projects will have a useful life of 5 years; at the end of 5 years, the working capital will be released for use elsewhere. Sawyer's discount rate is 9%. The net present value of project Y is closest to:

-$‭20,529.6‬0

Explanation:

Net Present value of Y = Present Value of Inflows - Present value of Outflows

Present Value of Y inflows

$32,000 inflows for 5 years. This is therefore an annuity

Present value of annuity = Annuity * Present value interest factor, 9%, 5 years

= 32,000  * 3.8897

= $‭124,470.4‬0

Net Present Value = 124,470.4‬0 - 145,000

= -$‭20,529.6‬0

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;