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E11-8 (Algo) Comparing Projects Using Profitability Index [LO 11-6] Shaylee Corporation has $2.00 million to invest in new projects. The company's managers have presented a
E11-8 (Algo) Comparing Projects Using Profitability Index [LO 11-6] Shaylee Corporation has $2.00 million 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. 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? 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 based on the profitability index
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