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Cori's Sausage Corporation is trying to choose between the following two mutually exclusive design projects: Year 0 12m 3 - Cash Flow (I) Cash

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Cori's Sausage Corporation is trying to choose between the following two mutually exclusive design projects: Year 0 12m 3 - Cash Flow (I) Cash Flow (II) $ 59,000 - $ 18,500 36,000 36,000 36,000 9,950 9,950 9,950 a-1. If the required return is 12 percent, 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.) Project I Project II Profitability Index a-2. If the company applies the profitability index decision rule, which project should the firm accept? O Project II O Project I b-1. What is the NPV for each project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) NPV Project I Project II $ $ b-2. If the company applies the NPV decision rule, which project should it take? O Project I O Project II

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