The Meacham Tire Company is considering two mutually exclusive projects with useful lives of 3 and 6 years.The after-tax cash flows for projects S and L are listed below. 
The required rate of return on these projects is 14 percent.What decision should be made? As part of your answer,calculate the NPV assuming a replacement chain for Project S,and also calculate the equivalent annual annuity for each project.
Definitions:
Negotiation Performance
The effectiveness and outcome level achieved during negotiations, based on predefined objectives or standards.
Gender Differences
Variations in characteristics, behaviors, and roles traditionally associated with men and women, influenced by social, cultural, and biological factors.
Individual Difference
variations among people in their qualities, abilities, or characteristics.
Large Divisions
Significant differences or disagreements among groups or individuals.
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