Question: Upton evaluates future projects by using the profitability index. The company is currently reviewing five similar projects and must choose one of the following: Present

Upton evaluates future projects by using the profitability index. The company is currently reviewing five similar projects and must choose one of the following: Present Value Initial Project Investment $100,000 50,000 75,000 60,000 150,000 m Inflows $ 97,000 80,000 110,000 100,000 200,000 in Which project should Upton select if the decision is based entirely on the profitability index
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