Suppose your firm has unlimited cash for investments but is limited with the number of labor hours it can allocate across different % projects. For each project calculate the profitability index based on labor hours. Order the projects by their profitability index with the highest first. Project Initial Investment (in $ millions) NPV (in $ millions) Labor Hours Required A 80 55 100 B 80 20 45 70 30 50 D 60 65 90 Selected Answer 1. Project D 2. Project A 2. Project B 3. Project sday September 24 2020 1:53:19 PM CDT Suppose your firm is can only afford to allocate 250 labor hours across different projects. Which combination of projects should it X choose? Project Initial Investment in $ millions) A 25 25 50 mono NPV (in $ millions) Labor Hours Required 30 100 15 80 35 80 65 90 30 50 20 45 55 110 50 75 F 75 100 G