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Check my wor Shaylee Corporation has $ 2 . 0 0 million to invest in new projects. The company's managers have presented a number of

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Check my wor
Shaylee Corporation has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize. Information about the projects follows:
\table[[,Project A,Project B,Project C,Project D],[Initial investment,$425,000,$240,000,$730,000,$955,000],[Present value of future cash flows,775,000,425,000,1,210,000,1,570,000]]
Required:
Is Shaylee able to invest in all of these projects simultaneously?
2-a. Calculate the profitability index for each project.
2-b. What is Shaylee's order of preference based on the profitability index?
Complete this question by entering your answers in the tabs below.
Req 1
Req 2A and 2B
2-A. Calculate the profitability intex for each project.
Note: Round your answers to 4 decimal places.
2-B. What is Shaylee's order of preference based on the profitability index?
\table[[,\table[[Profitability],[Index]],Rank],[Project =,,],[Project B,,],[Project C,,],[Project D,,]]
Req 1
Req 2A and 2B
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