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#23 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.56 million

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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.56 million and create incremental cash flows of $595,135.00 each year for the next five years. The cost of capital is 10.20%. What is the profitability index for the J-Mix 20002 Submit Answer format: NumberRound to: 3 decimal places

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