Co Four projects are under consideration as potential investment opportunities for Julius Builders, Inc. The initial investments for Projects SSF, NYK, 3PT, and POF are: $706,000, $826,100, $943,000, and $987,000 respectfully. The projected cash inflows (at net present value) are as follows: Julius Builders, Inc. Project POF $2,322,500 Project 3PT $2,700,950 $2,829,700 Project NYK Project SSF $2,593,900 (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Calculate the Profitability Index for each of the projects. Project Present value of net cash inflows / Initial Investment = Profitability Index SSF NYK 3PT POF 1 Submit All Parts = 11 = 2. Based on the Profitability Index, which project should be selected? [Select an answer

Four projects are under consideration as potential investment opportunities for julius Builders, Inc. The initial investments for Projects SSF, NYK, 3PT, and POF are: $706,000,$826,100,$943,000, and $987,000 respectfully. The projected cash inflows (at net present value) are as follows: (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Calculate the Profitability Index for each of the projects. 2. Based on the Profitability Index, which project should be selected