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The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.): Investment required Present value of cash inflows Project Q Project

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The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.): Investment required Present value of cash inflows Project Q Project R Project s $75,200 $117,700 $218,5ee $82,072 $135, 572 $239,645 The only cash outflows are the initial investments in the projects. Required: Rank the investment projects using the project profitability index. Rank Rank 2 Rank 3

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