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Sands Company has three potential investment projects, but can choose only one to invest in. Below is financial information on these projects: Project Investment 1

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Sands Company has three potential investment projects, but can choose only one to invest in. Below is financial information on these projects: Project Investment 1 Present Value of Future Cash Flows $683,000 $554,000 $804,000 $500,000 $430,000 $650,000 2 3 Using the profitability index, which project should the company choose? O Project 3 O Project 1 O Project 2 O Projects 1 and 2 are equally desirable

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