13. Zee Company is evaluating the following seven investment proposals. The company has a capital expenditure ceiling
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13. Zee Company is evaluating the following seven investment proposals. The company has a capital expenditure ceiling of 150 million, and. therefore, can accept just enough proposals. You are required to rank proposals according to profitability index and indicate the group of proposals to be accepted. Project Cash Outlay million) NPV million) 1.8 OROSTU> 10 P 50 8.0 Q 20 4.0 60 3.6 100 25.0 80 18.0 40 4.0
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