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The management of Google Company is considering the following three Investment projects (Ignore Income taxes.): Project Q Project R Project S Investment required Present value

The management of Google Company is considering the following three Investment projects (Ignore Income taxes.): Project Q Project R Project S Investment required Present value of cash inflows $57,200 $62,092 $ 97,200 $111,792 The only cash outflows are the Initial Investments In the projects. Required: Rank the Investment projects using the project profitability index. Rank 1 Rank 2 Rank 31 $176,000 $193,320

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