Robben Manufacturing has the following two possible projects. The required return is 10 percent. Year Project Y Project Z 0 $27,400 $54,000 1 13,400 20,000 2 11,800 25,000 3 14,200 18,000 4 9,800 23,000 a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) b. What is the NPV for each project?

Chapter 08 Net Present Value and Other Investment Criteria Saved 8 Robben Manufacturing has the following two possible projects. The required return is 10 percent Year 10 points Project Y -$27,400 Project Z -$54,000 0 1 2 3 4 13,400 11,800 14,200 9,800 20,000 25,000 18,000 23,000 eBook Print a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) References Profitability index Project Y Project 2 b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) NPV Project Y Project Z a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Profitability index Project Y Project Z b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) NPV Project Y Project Z c. Which, if either, of the projects should the company accept? Company accept