Fabulous Fabricators needs to decide how to allocate space in its production facility this year. It is considering the following contracts: Contract A B C NPV $1.96 million $0.97 million $1.51 million Use of Facility 100% 51% 49% a. What are the profitability indexes of the projects? b. What should Fabulous Fabricators do? The profitability index for contract A is (Round to two decimal places.) The profitability index for contract B is (Round to two decimal places.) The profitability index for contract C is (Round to two decimal places.) b. What should Fabulous Fabricators do? (Select the best choice below.) A. Since the profitability index for C is the largest, it should choose C. B. It should take the two projects with the highest profitability indexes: C and A. C. Since it has the capacity to do both B and C and NPVB + NPVc is greater than NPVA, it should do both B and C. D. Since the NPV of A is the largest, it should choose A