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Shaylee Corp has $2.25 million to invest in new projects. The companys managers have presented a number of possible options that the board must prioritize.

Shaylee Corp has $2.25 million to invest in new projects. The companys managers have presented a number of possible options that the board must prioritize. Information about the projects follows:

Project A Project B Project C Project D

Initial investment $ 580,000 $260,000 $820,000 $975,000

Present value of future cash flows 795,000 430,000 1,230,000 1,590,000

Is Shaylee able to invest in all of these projects simultaneously?
No
Yes

2.

Calculate the profitability index for each project. (Round your answers to 4 decimal places.)

Project A:

Project B:

Project C:

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