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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Project D Project E Investment required $ 72,000 $ 82,000 $
Eddie Corporation is considering the following three investment projects (Ignore income taxes.):
Project C | Project D | Project E | |
---|---|---|---|
Investment required | $ 72,000 | $ 82,000 | $ 170,000 |
Present value of cash inflows | $ 79,920 | $ 95,120 | $ 185,300 |
Rank the projects according to the profitability index, from most profitable to least profitable.
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