Shaylee Corporation has $$2\mathrm{.}00$ million to invest in new projects. The company's managers have presented a number of possible

options that the board must prioritize. Information about the projects follows:

Initial investment

Present value of future cash flows

Required:

Is Shaylee able to invest in all of these projects simultaneously?

$2-$a$.$ Calculate the profitability index for each project.

$2-$b$.$ What is Shaylee's order of preference based on the profitability index?

Complete this question by entering your answers in the tabs below.

Req $2$A and $2B$

$2-$A$.$ Calculate the profitability index for each project.

Note: Round your answers to $4$ decimal places.

$2-$B$.$ What is Shaylee's order of preference based on the profitability index?