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Need to see calculations in Excel with easy to follow format. Thanks for the support!

Need to see calculations in Excel with easy to follow format. Thanks for the support!

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 $17,100 and that for the pulley system is $22,430. 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
25,1007,500
35,1007,500
45,1007,500
55,1007,500

Calculate the IRR, the NPV, and the MIRR for each project, and indicate the correct accept-reject decision for each.

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8406380.xlsx

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...

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