Question: Please show and explain how to solve this problem in EXCEL step by step how to input in excel and highlight the answers. Thank you!

Please show and explain how to solve this problem in EXCEL step by step how to input in excel and highlight the answers. Thank you!

1) The CFO of your company has determined that the firms capital investment budget will be limited to $3,000,000 for the upcoming year. Unfortunately, this amount is not sufficient to cover all of the independent, indivisible and positive NPV projects available to the firm.

Projects D & H are mutually exclusive.

Project NPV Cost (Initial Investment)
A $ 72,658.00 $ 628,200.00
B $ 36,418.00 $ 352,100.00
C $ 212,150.00 $ 1,245,600.00
D $ 70,925.00 $ 814,300.00
E $ 11,400.00 $ 124,500.00
F $ 56,842.00 $ 985,000.00
G $ 93,600.00 $ 2,356,400.00
H $ 65,350.00 $ 226,900.00
I $ 48,842.00 $ 1,650,000.00
J $ 39,815.00 $ 714,650.00

Using the Solver, determine which of the above projects should be included in the budget.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!