A home remodeling company is considering investing in two different house flips, Cantrell and Fuller. The company would like your help in determining which flip they should invest in. Assume the company uses a discount rate of 9 percent to analyze its projects. Use the Tableau Dashboard to assist in your analysis. Required: 1. Calculate the profitability index of each house flip. 2. Assume the company has a requirement that any projects must reach a 1.00 profitability index prior to the company investing. Based on the IRR, which house(s) should the company pursue? 3. Now assume the company has a limited amount to invest but no profitability index hurdle. Which house should they select based on the profitability index analysis? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the profitability index of each house flip. Note: Enter your answers rounded to two decimal places. Project Cantrell Fuller Project Profitability Index Required 1 Required 2

A home remodeling company is considering investing in two different house flips, Cantrell and Fuller. The company would like your help in determining which flip they should invest in. Assume the company uses a discount rate of 9 percent to analyze its projects. Use the Tableau Dashboard to assist in your analysis. Required: 1. Calculate the profitability index of each house flip. 2. Assume the company has a requirement that any projects must reach a 1.00 profitability index prior to the company investing. Based on the IRR, which house(s) should the company pursue? 3. Now assume the company has a limited amount to invest but no profitability index hurdle. Which house should they select based on the profitability index analysis? Complete this question by entering your answers in the tabs below. Calculate the profitability index of each house flip. Note: Enter your answers rounded to two decimal places