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Given the following information, in which order would you choose the following projects based on the profitability index? Project A (NPV of cash flows: $190,000,

Given the following information, in which order would you choose the following projects based on the profitability index?

Project A (NPV of cash flows: $190,000, Investment Cost: $50,000)

Project B (NPV of cash flows: $200,000, Investment Cost: $70,000)

Project C (NPV of cash flows: $440,000, Investment Cost: $110,000)

Group of answer choices

Project B, Project C then Project A

Project C, Project B then Project A

Project A, Project C then Project B

Project A, Project B then Project C

Project C, Project A then Project B

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