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

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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