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4 votes
Selma Inc. is comparing several alternative capital budgeting projects as shown below.

Projects A B C
Initial Investment $40,000 $60,000 $80,000
Present value of cash inflows $60,000 $55,000 $100,000
Using the profitability index, rank the projects, starting with the most attractive.

User Johan Gov
by
5.6k points

1 Answer

6 votes

Answer:

A

C

B

Step-by-step explanation:

1.5

0.9

User Rfornal
by
4.9k points