Exercise 14-5 Information on four investment proposals is given below. A Investment Proposal B C D Investment required $ 60,000 $ 100,000 $ 60,000 $ 100,000 Present value of future cash flows 96,000 $ 180,000 $ 84,000 $ 120,000 Profitability index formula If the project profitability index is used, the ranking of the projects from most to least profitable would be: a. A, B, D, C O b. A, B, C, D O c. D, A, B, C Od. B, A, C, D e. B, D, A, C