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A financial manager is considering two projects, A and B. A is expected to add $ 2 million to profits this year while B is
A financial manager is considering two projects, A and B. A is expected to add $ 2 million to profits this year while B is expected to add $ 1 million to profits this year. Which of the following statements is most correct? (Points : 1) The manager should select project A because it maximizes profit. The manager should select the project that maximizes long-term profits, not just one year of profits. The manager should select project A or he is irrational. The manager should select the project that causes the stock price to increase the most, which could be A or B
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