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St. Michaels School ranks investments by using the profitability index (Pl). The following data relate to Project X and Project Y : Which project would

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St. Michaels School ranks investments by using the profitability index (Pl). The following data relate to Project X and Project Y : Which project would be more attractive as judged by its ranking, and why? Mutiple Choice Project x because the Pl is 0.67 Project Y because the P is 1,38 . Project Y because the P1 is 0.72 . Project X because the PI is 1.50 . Both projects would be equally attractive in terms of ranking, as indicated by a positive PL

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