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Cori's Sausage Corporation is trying to choose between the following two mutually exclusive design projects: Year Cash Flow (I) Cash Flow (II) 0 $ 58,000

Cori's Sausage Corporation is trying to choose between the following two mutually exclusive design projects:

Year Cash Flow (I) Cash Flow (II) 0 $ 58,000 $ 32,800 1 27,100 15,600 2 27,100 15,600 3 27,100 15,600 a-1.

1. If the required return is 10 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.)

2.

What is the NPV for each project?

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