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Carmen, Incorporated is considering three independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability index for each

Carmen, Incorporated is considering three independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability index for each of the projects are as follows: Project A Project B Project C Present value of future cash flows $ 731,700 $ 637,800 $ 765,300 Initial investment 340,000 295,000 330,000 Net present value $ 391,700 $ 342,800 $ 435,300 Profitability index 2.15 2.16 2.32 In what order should Carmen prioritize investment in the projects? Multiple Choice B, C, A C, A, B B, A, C C, B, A

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