Question: E11-8 Comparing Projects Using Profitability Index Shaylee Corp has $2 million to invest in new projects. The company's managers have presented a number of possible

 E11-8 Comparing Projects Using Profitability Index Shaylee Corp has $2 million

E11-8 Comparing Projects Using Profitability Index Shaylee Corp has $2 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize. Information about the projects follows: Project A $415,000 Project B $230,000 Project $ 720,000 Project D $ 945,000 Initial investment Present value of future cash flows 765.000 415.000 1,200,000 1,560,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? Explain. 2. Calculate the profitability index for each project and prioritize them for Shaylee

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