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33. The Jones Company has three potential projects from which to choose. Selected information on each of the three projects follows: Project A Project B

33. The Jones Company has three potential projects from which to choose. Selected information on each of the three projects follows:

Project A

Project B

Project C

Investment required

$ 42,500

$ 56,000

$ 53,700

Present value of future cash flows

$ 45,700

$ 75,400

$ 70,200

Using the project profitability index, rank the projects from most profitable to least profitable.

Group of answer choices
B, C, A
C, B, A
A, B, C
B, A, C

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