A company has the following information for four investments:

Project A B C D

NPV $300,000700,000900,000800,000$

Required investment $700,0002,000,0003,000,0002,600,000$

Using a profitability index approach which project should the company prioritise?

Question $6$Select one:

a$.$

A

b$.$

B

c$.$

C

d$.$

D