Orchid Bictech Company is evaluating several different development projects for experimental drugs. Although the cash flows are difficult to forecast, the company has come up with the following estimates of the initial capital requirements and NPVs for the projects: [ - Given a wide variety of staffing needs, the company has also estimated t a. Suppose that Orchid has a total capital budget of $80 million. How should it prioritize these projects? b. Suppose that Orchid currently has 12 research scientists and does not anticipate being able to hire mo Data table (Click on the following icon in order to copy its contents into a spreadsheet ) a. Suppose that Orchid has a total capital budget of $80 million. How should it prioritize these projects? Project Number Initial Capital Number of Research Scientists The profitability index for Project lis 101 = (Round to two decimal places ) 1 $10 2 I $15 3 The profitability index for Project Ilis 1.27 . (Round to two decimal places.) 1] $15 4 v $20 3 The profitability index for Project Il is 1 47 . (Round to two decimal places.) v $30 12 The profitability index for Project IVis 1.25 . (Round to two decimal places.) The profitability index for Project Vis 2.01 . (Round to two decimal places.) G = Based on the profitability index, how should Orchid prioritize these projects? (Select from the drop-down Selected first - V Selected second - Selected third I b. Suppose that Orchid currently has 12 research scientists and does not anticipate being able to hire more in the near future. How should Orchid prioritize these projects? The NPV/headcount ratio for Project lis | |. (Round to one decimal place.)