5.

Dahlia Manufacturing has the following two possible projects. The required return is 10 percent.

Year	Project Y	Project Z
0	$28,400	$64,000
1	14,400	15,000
2	12,800	35,000
3	15,200	13,000
4	10,800	33,000

Required:
(a)	What is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g., 32.161).)

	Profitability index
Project Y
Project Z

(b)	What is the NPV for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	NPV
Project Y	$
Project Z	$

(c)	Which, if either, of the projects should the company accept?
	(Click to select)Project YNeitherProject Z