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The Sloan Corporation is trying to choose between the following two mutually exclusive design projects Cash Flow Cash Flow Year 0) (11) 0 -$60,000 $18.400

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The Sloan Corporation is trying to choose between the following two mutually exclusive design projects Cash Flow Cash Flow Year 0) (11) 0 -$60,000 $18.400 1 28,300 9.900 2 28,300 9.900 3 28,300 9,900 2-1 If the required return is 11 percent, what is the profitability Index for both projects? (Do not round Intermediate calculations. Round your answers to 3 decimal places, e.g. 32.161.) Project Project 1 a-21f the company applies the profitability Index decision rule, which project should the firm accept? O Project O Project 1 b-1 What is the NPV for both projects? (A negative answer should be indicated by a minus sign. Do not round Intermediate calculations and round your answers to 2 decimal places. e.g. 32.16.) Project! Project 1 b-21f the company applies the NPV decision rule, which project should it toke? Project O Project

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