Mcniel Corporation is considering the following three investment projects (Ignore income taxes) Project E Project F Project G Investment required $ 11,000 $ 51,000 $ 77,000 Present value of cash inflows $ 12,980 $ 55,590 $ 81,620 Required a Calculate the profitability index projects (Round your answers to 2 decimal places ) Project E Project F Project G b Rank the investment projects using the project profitability index Rank 1 (Click to select) Project F Project E Project G Rank 2 (Click to select) Project G Project F Project E Rank 3 (Click to select) Project F Project E Project G

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Mcniel Corporation is considering the following three investment projects (Ignore income taxes): Project E Project F Project G Investment required $ 11,000 $ 51,000 $

Mcniel Corporation is considering the following three investment projects (Ignore income taxes):

	Project E		Project F		Project G
Investment required	$	11,000	$	51,000	$	77,000
Present value of cash inflows	$	12,980	$	55,590	$	81,620

Required:
a.	Calculate the profitability index projects. (Round your answers to 2 decimal places.)


Project E
Project F
Project G

b.	Rank the investment projects using the project profitability index.


Rank 1
Rank 2
Rank 3

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