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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.69 million and
Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The
machine cost $1.69 million and create incremental cash flows of $588,218.00 each year for the next five years. The cost
of capital is 9.80%. What is the profitability index for the J-Mix 2000?
Percentage round to 2 decimal places. Will accept decimal format rounded to 4 decimal places.
Thank you.
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