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. Budget of $4,000,000

2. Populate the Include column to indicate what projects should be selected, based on the project in each region with the highest NPV while staying below the total budget constraint.

3. Sum the total cost and total NPV of the selected projects.

DVX Inc.
Optimal Capital Budget
Under Capital Rationing
Region	Project	Cost	NPV	Include (provide answer this column)
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
	Total	(provide answer)	(provide answer)	(provide answer)
	Constraint	4,000,000
	Europe	(provide answer)
	Asia	(provide answer)
	Africa	(provide answer)