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Information on four investment proposals is given below: Proposal Investment Net Present Value 1 $ 8,000 $ 3,200 2 $ 12,000 $ 3,600 3 $
Information on four investment proposals is given below:
Proposal | Investment | Net Present Value |
---|---|---|
1 | $ 8,000 | $ 3,200 |
2 | $ 12,000 | $ 3,600 |
3 | $ 10,000 | $ 2,500 |
4 | $ 4,000 | $ 2,000 |
Rank the proposals in terms of preference from highest to lowest according to the profitability index:
Multiple Choice
3, 2, 1, 4
2, 3, 1, 4
2, 1, 3, 4
4, 1, 2, 3
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