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How would you rank the following investment proposals using profitability index method? Project Alpha (A): Requires investment of RM80,000, and has present value of future
How would you rank the following investment proposals using profitability index method?
Project Alpha (A): Requires investment of RM80,000, and has present value of future cash inflows of RM96,000;
Project Beta (B): Requires investment of RM75,000 and has present value of future cash inflows of RM120,000;
Project Gamma (G): Requires investment of RM100,000, and has present value of future cash inflows of RM150,000.
a.B, G, A
b.G, A, B
c.A, B, G
d.B, A, G
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