#33 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.85 million and create incremental cash flows of $645,957.00 each year...

Extracted text: #33 Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.85 million and create incremental cash flows of $645,957.00 each year for the next five years. The cost of capital is 10.24%. What is the profitability index for the J-Mix 2000? Submit Answer format: Number: Round to: 3 decimal places. unanswered not_submitted Attempts Remaining: Infinity