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Bradfield Manufacturing is considering three capital investment proposals. At this time, the company has funds available to pursue only one of the three investments. (
Bradfield Manufacturing is considering three capital investment proposals. At this time, the company has funds available to pursue only one of the three investments.
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Requirement
Which investment should Bradfield Manufacturing pursue at this time? Why?
Since each investment presents a positive NPV Bradfield Manufacturing should use the profitability index to compare the profitability of each investment.
Use the method selected above to compare the profitability of each investment beginning with Equipment AEnter all amounts as positive numbers. Round your final answer to two decimal places.
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