E11-8 (Algo) Comparing Projects Using Profitability Index [LO 11-6] Shaylee Corporation has $2.00 miltion to invest in new projects. The companys managers have presented a number of possible options that the board must prioritize information about the projects follows: Required: 1. Is Shaylee able to invest in all of these projects simuitaneously? 2-e. Calculate the profitability index for each project. 2-b. What is Shaylee's order of preference based on the profitability index? Complete this question by entering your answers in the tabs below. Is Shaylee able to invest in all of these projects simultaneously? E11-8 (Algo) Comparing Projects Using Profitability Index [LO 11-6] Shaylee Corporation has $2.00 milion to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize Information about the projects follows: Required: 1. Is Shaylee able to invest in all of these projects simultaneously? 2-a. Colculate the profitability index for each project 2-b. What is Shaylee's order of preference based on the profitability index? Complete this question by entering your answers in the tabs below. 2-A. Calculate the profitability index for each project. Note: Round your answers to 4 decimal places: 2-B. What is Shaylee's order of preference bosed on the profftablity index