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You are given the following table to determine which projects your organisation should undertake: Project Investment ( Rm ) Cash flow ( Rm ) Present

You are given the following table to determine which projects your organisation should undertake:
Project
Investment
(Rm)
Cash flow
(Rm)
Present Value
Cash flow (Rm)
Present value
Total
NPV
Year 0
Year 1
Year 2
Apple farming
-20
+60
54.55
+10
8.26
+43
Butter making
-10
+10
9.09
+40
33.06
+32
Corn farming
-10
+10
9.09
+30
24.79
+24
Rank these projects from highest to lowest in order of their proposed profitability for Year 2:

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