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Coore Manufacturing has the following two possible projects. The required return is 12 percent. Year 0 Project Y -$47,600 23,900 18,600 20,700 14,600 Project Z
Coore Manufacturing has the following two possible projects. The required return is 12 percent. Year 0 Project Y -$47,600 23,900 18,600 20,700 14,600 Project Z -$81,000 34,000 32,800 30,500 27,300 mt a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Which, if either, of the projects should the company accept? a. b. Project Y Project Z Project Y Project Z Project acceptance
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