Lewis Services is evaluating six investment opportunities (projects). The following table reflects each project’s net present value NPV and the respective initial investments required. All of these...

Lewis Services is evaluating six investment opportunities (projects). The following table reflects each project’s net present value NPV and the respective initial investments required. All of these projects are independent.

Project                  NPV                       Investment

I                               2,500                      2,500

II                             4,000                     20,000

III                            7,500                     30,000

IV                            8,000                     40,000

V                             2,000                     10,000

VI                            2,500                       5,000

Lewis has an investment constraint of P50,000. Which combination of projects would represent the optimal investment that should be recommended to Lewis Services’ management?

Choices