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ABC Company has three potential projects from which to choose. Selected information on each of the three projects follows: Project B Project A $40,000 $55,100
ABC Company has three potential projects from which to choose. Selected information on each of the three projects follows: Project B Project A $40,000 $55,100 $48,000 $73,200 Project C Investment required $52,900 Net present value of project $69,400 Using the profitability index, rank the projects from most profitable to least profitable. OA. A, B, C OB. B, A, C OC. B, C, A O D. C, B, A
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