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Shaylee Corporation has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize.

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Shaylee Corporation has $2.00 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: Project A Project B Project C Project D Initial investment $ 419,666 15 234,666 $ 124,999 $ 949,666 Present value of 'Future cash 'Flows $459,999 419,999 1,294,999 1,564,999 Required: 1- Is Shaylee able to invest in all ofthese projects simultaneously? 2-6. Calculate the profitability index for each project. 2-b. What is Shaylee's order of preference based on the profitability index?

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