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Constraints on borrowing. Runway Fashions, Inc. is considering the following potential projects for the company, but has only $1,000,000 in the capital budget. Which projects
Constraints on borrowing. Runway Fashions, Inc. is considering the following potential projects for the company, but has only $1,000,000 in the capital budget. Which projects should it choose? Winter coats Spring dresses Fall suits Cost $750,000 $500,000 $500,000 $400,000 NPV $95,000 $45,000 $55,000 $60,000 IRR 13% 9% 11% 14% Which projects should it choose? (Select the best responses.) Q A. Winter coats only O B. Summer sandals and fall suits. C. Spring dresses and summer sandals D. Winter coats and summ er sandals O E. Spring dresses and fall suits
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