of 4itert Corporation is considering three investment projects we x and Pro ect w would require an in estment of $2100 $66.000, and Project Y of $95,000. The present value of the cash inflows would be $22.470 for Project w $73.920 income taxes) for Project X, and $98,800 for Project Y. ignore The profitability Index of investment project X is closest to: Multiple Choice 01m 0 88 112 Podratz Corporation has provided the following information concerning a capital budgeting project: After-tax discount rate Tax rate Expected life of the project Investment required in equipment Salvage value of equipment Annual sales Annual cash operating expenses One-time renovation expense in year 3 60,888 8% 38% $280,800 $580,808 $420,e00 The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the iInitial investments. The company takes income taxes into account in its capital budgeting The total cash flow net of income taxes in year 3 is $61,500 $127000 $85,000 $100,000