Coore Manufacturing has the following two possible projects. The required return is 12 percent. Project Z -$ 56,000 19,000 27,000 17,000 25,000 Year 0 1 2 3 4 Project Y -$ 27,600 13,600 12,000 14,400 10,000 a. What is the profitability index for each project? Note: 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? Note: 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. Project Y Project Z b. Project Y Project Z c. Accept project

Coore Manufacturing has the following two possible projects. The required return is 12 percent. a. What is the profitability index for each project? Note: 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? Note: 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