Question: CALCULATOR ate Question 7 Blue Spruce Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B Initial investment $102000 $142000 $182000

 CALCULATOR ate Question 7 Blue Spruce Inc. is comparing several alternative

CALCULATOR ate Question 7 Blue Spruce Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B Initial investment $102000 $142000 $182000 Present value of net cash flows 112000 132000 222000 Using the profitability index, how many of the projects are acceptable? 2 0

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