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Information about four investment proposals is summarized here: Proposal P Investment Required $ 50,000 60,000 30,000 45,000 Net Present Value $ 30,000 24,000 15,000 9,000

Information about four investment proposals is summarized here: Proposal P Investment Required $ 50,000 60,000 30,000 45,000 Net Present Value $ 30,000 24,000 15,000 9,000 Required: Calculate the present value ratio of each proposal. (Round your answers to 1 decimal place.) Proposal Present Value Ratio Indicate which proposal is the most desirable investment. is most desirable because its profitability index is the highest

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