Assignment task: The T-Shirts Company is considering two mutually exclusive investment opportunities as follows: Alternative #1 Purchase Equipment Alternative #2 Purchase Delivery Truck Total PV of Cash Inflows $86,414 $255,061 Initial Cost of Investment (78,000) (243,358) Net Present Value $8,414 $11,703 Based on NPV analysis alone, which project(s) should be undertaken? The T-Shirts Company is considering two mutually exclusive investment opportunities as follows: Alternative #1 Purchase Equipment Alternative #2 Purchase Delivery Truck Total PV of Cash Inflows $86,414 $255,061 Initial Cost of Investment (78,000) (243,358) Net Present Value $8,414 $11,703 Based on NPV analysis alone, which project(s) should be undertaken? Both Alternative #1 and Alternative #2, because both have positive NPV's Alternative #2: Delivery Truck Alternative #1: Equipment Neither Alternative #1 nor Alternative #2, because both have positive NPV's