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Below are a list of potential capital budgeting projects for DVX Inc. Create a vlookup which will populate the list of projects to be selected

Below are a list of potential capital budgeting projects for DVX Inc.

Create a vlookup which will populate the list of projects to be selected based on the following criteria. 1. Populate the Include column to indicate which project from each region should be selected, based on the project in each region with the highest NPV. If functions may be useful in this step.

2. Use the vlookup to insert the project number, cost, and NPV of the selected project from each region into the table.

DVX Inc.
Optimal Capital Budget
Under Capital Rationing
Include Region Project Cost NPV
Europe 1 $1,200,000 $172,036
Europe 2 $2,000,000 $362,283
Europe 3 $500,000 $147,487
Asia 4 $600,000 $72,076
Asia 5 $700,000 $129.35
Asia 6 $3,000,000 $527,127
Asia 7 $1,500,000 $343,632
Africa 8 $200,000 $52,836
Africa 9 $2,400,000 $275,936
Africa 10 $1,000,000 $175,824
Project Cost NPV
Europe
Asia
Africa

Please provide Excel formula too!

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