You are asked to evaluate the following two projects for the Norton Corporation.

Question

You are asked to evaluate the following two projects for the Norton Corporation. Use a discount rate of 10 percent. Use Appendix B.

Calculate the profitability index for project X. (Round "PV Factor" to 3 decimal places. Round your "present value inflows" to the nearest whole dollar amount. Round your final answer to 2 decimal places.)

Calculate the profitability index for project Y. (Round "PV Factor" to 3 decimal places. Round your "present value inflows" to the nearest whole dollar amount. Round your final answer to 2 decimal places.)

You are asked to evaluate the following two projects for the Norton Corporation. Use a discount rate of 10 percent. Use Appendix B.

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