Duhe Corporation is considering the following six long-term projects: $\begin{array}{cc}
&\text { Net Present Value } & \text { Investment Required } \
\text { Project } 1&\$ 23,798 & \$ 14,600 \
\text { Project } 2&\$ 20,862 & \$ 17,100 \
\text { Project } 3&\$ 19,350 & \$ 15,000 \
\text { Project } 4&\$ 30,051 & \$ 18,900 \
\text { Project } 5&\$ 21,120 & \$ 17,600 \
\text { Project } 6&\$ 18,550 & \$ 10,600
\end{array}$ Only $59,100 is available for investment in these projects.
Required:
a. Determine which projects should be accepted.
b. Determine the total net present value of all of the accepted projects if your plan from part (a) above is adopted.

Question

Quizplus · Accepted Answer

The Answer of Duhe Corporation is considering the following six long-term projects: $\begin{array}{cc}
&\text { Net Present Value } & \text { Investment Required } \
\text { Project } 1&\$ 23,798 & \$ 14,600 \
\text { Project } 2&\$ 20,862 & \$ 17,100 \
\text { Project } 3&\$ 19,350 & \$ 15,000 \
\text { Project } 4&\$ 30,051 & \$ 18,900 \
\text { Project } 5&\$ 21,120 & \$ 17,600 \
\text { Project } 6&\$ 18,550 & \$ 10,600
\end{array}$ Only $59,100 is available for investment in these projects.
Required:
a. Determine which projects should be accepted.
b. Determine the total net present value of all of the accepted projects if your plan from part (a) above is adopted.

Duhe Corporation Is Considering the Following Six Long-Term Projects Only $59,100 Is Available for Investment in These Projects