Question: please provide solution and answer for e-1. Thank you. Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) -$ -$

Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) -$ -$ 0 359,000 45,500 1 36,000 23,100 2 56,000 21,100 3 56,000 18,600 4 431,000 13,700 Whichever project you choose, if any, you require a return of 14 percent on your investment. e-1. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Profitability index Project A Project B 1.046 1.242
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