Question: Casplan Sea Drinks is considering buying the J-Mix 2000 . It will allow them to make and sell more product. The machine cost $1,93 million

Casplan Sea Drinks is considering buying the J-Mix 2000 . It will allow them to make and sell more product. The machine cost $1,93 million and create incremental cash flows of $628,037.00 each year for the next five years. The cost of capital is 11.89%. What is the profitability index for the J-Mix 2000 ? Answer format: Number: Round to: 3 decimal places

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