NPV and PI to appraise plantation new project performances

Net Present Value (NPV) of a time series of cash flows (incoming and outgoing), is defined as the sum of the present values of the individual cash flows.
Profitability index is a financial tool which tells us whether an investment should be accepted or rejected. It uses the time value concept of money and is calculated by the following formula.

Profitability index (PI), also known as profit investment ratio (PIR) and value investment ratio (VIR), is the ratio of payoff to investment of a proposed project. It is a useful tool for ranking projects because it allows you to quantify the amount of value created per unit of investment.
 
Click below link to learn calculating protocol.
http://www.calkoo.com/?lang=3&page=21

To know more on above protocols click below links

http://economictimes.indiatimes.com/definition/profitability-index


 http://www.readyratios.com/reference/profitability/profitability_index.html
 http://www.readyratios.com/reference/profitability/profitability_index.html

https://strategiccfo.com/profitability-index-method-formula/