Question: Question 18 Use the information provided below for questions (18) to (20) The treasurer of Amaro Canned Fruits, Inc, has projected the cash flows


Question 18 Use the information provided below for questions (18) to (20) The treasurer of Amaro Canned Fruits, Inc, has projected the cash flows of projects A, B, and C as follows: Year 0 1 2 Project A $180,000 Project B -$345,000 Project C -$180,000 119,000 218,000 129,000 119,000 218,000 99,000 Suppose the relevant discount rate is 12 percent per year. Compute the profitability index for each of the three projects. 6 pts
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