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Blossom Inc. is comparing several alternative capital budgeting projects as shown below: Projects $104000 $144000 $184000 114000 134000224000 Initial investment Present value of net cash

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Blossom Inc. is comparing several alternative capital budgeting projects as shown below: Projects $104000 $144000 $184000 114000 134000224000 Initial investment Present value of net cash flows Using the profitability index, the projects rank as 0 A,C, B. O A, B, C. 0 C, A, B. 0 C, B, A

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