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Dahlia Manufacturing has the following two possible projects. The required return is 13 percent. Year Project Y Project Z 0 $28,600 $51,000 1 14,600 14,000

Dahlia Manufacturing has the following two possible projects. The required return is 13 percent.

Year Project Y Project Z
0 $28,600 $51,000
1 14,600 14,000
2 13,000 37,000
3 15,400 12,000
4 11,000 35,000

Required:
(a)

What is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g., 32.161).)

Profitability index
Project Y
Project Z

(b)

What is the NPV for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

NPV
Project Y $
Project Z $

(c) Which, if either, of the projects should the company accept?
(Click to select)Project Z Project Y Neither

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