Exercise B-1 Ranking Projects Based on the Profitability Index (LOB-1) MidWest Amusements is in the process of reviewing 10 proposals for now ridos atite theme parks in cities scattered throughout the American heartland. The company's only experienced safety engineer must carefully review plans and monitor the construction of all new rides. However, she is only available to work on new rides for 1.755 hours during the year. The nel present values and the amount of safely engineer time required for the proposed rides are listed below Safety Engineer Time Required (hours) Proposed Ride Ride 1 350 240 Net Present Value $ 1,288,000 1.100.000 691.800 504.150 552.500 528.225 394.000 1,602.100 347.700 452.400 $ 7,018.675 Ridea Ride 7 Ride 9 Ride Ride 10 155 370 100 Total 2.525 Required: 1. Which of the proposed rides should the company build this year? (Note: The incremental profit of a long-term project such as constructing a new ride is its net present value.) (You may select more than one answer. Single click the box with a check mark for correct answers and double click to empty the box for the wrong answers.) Ride 1 Ride 6 Ride 3 Ride 2 Ride 5 Ride 4 Ride 8 Ride 10 Ride 7 Ride 2. What would be the total net present value of the rides built under your plan? Total Exercise B-1 Ranking Projects Based on the Profitability Index (LOB-1) MidWest Amusements is in the process of reviewing 10 proposals for now ridos atite theme parks in cities scattered throughout the American heartland. The company's only experienced safety engineer must carefully review plans and monitor the construction of all new rides. However, she is only available to work on new rides for 1.755 hours during the year. The nel present values and the amount of safely engineer time required for the proposed rides are listed below Safety Engineer Time Required (hours) Proposed Ride Ride 1 350 240 Net Present Value $ 1,288,000 1.100.000 691.800 504.150 552.500 528.225 394.000 1,602.100 347.700 452.400 $ 7,018.675 Ridea Ride 7 Ride 9 Ride Ride 10 155 370 100 Total 2.525 Required: 1. Which of the proposed rides should the company build this year? (Note: The incremental profit of a long-term project such as constructing a new ride is its net present value.) (You may select more than one answer. Single click the box with a check mark for correct answers and double click to empty the box for the wrong answers.) Ride 1 Ride 6 Ride 3 Ride 2 Ride 5 Ride 4 Ride 8 Ride 10 Ride 7 Ride 2. What would be the total net present value of the rides built under your plan? Total