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Shoe Shop manufactures and sells shoes. The managerial accountant reported the following profitability index report: Blue shoes Green shoes Shoe Shop Profitability Index Report November

Shoe Shop manufactures and sells shoes. The managerial accountant reported the following profitability index report: Blue shoes Green shoes Shoe Shop Profitability Index Report November Present value of net cash inflows $2,600,000 $2,595,000 Initial Investment $1,400,000 $1,380,000 Profitability Index ? ? What are the profitability indices for the blue shoes and the green shoes

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