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Please answer both questions Crane Inc. is considering several capital budgeting projects. The projects are as follows Using the profitability index, how many of the

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Crane Inc. is considering several capital budgeting projects. The projects are as follows Using the profitability index, how many of the projects are acceptable? 2. 0. 1. 3. Karen is hoping that an investment of $29,800 will provide additional revenue to the store of $17,900 per year for 3 years. Her partner in crime, Paul, is confident that a larger investment of $40,400 will be required to bring in a steady flow of $23,100 in new revenue per year for 3 years. Determine the discounted payback period for each investment (using before-tax cash flows). The company's required rate of return is 8%. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and final answers to 2 decimal places eg. 15.25.) Click here to view the factor table Whose investment appears to better use the company's resources? k and Media

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