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Lions, Inc. is considering three different independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability Index for

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Lions, Inc. is considering three different independent investment opportunities. The present value of future cash flows, initial investment, net present value, and profitability Index for each of the projects are as follows: Project Project is Prenent value of futuro cash Elow Initial investment Net present value Profitability index $1,700,000 750,000 $950,000 2.22 $1,760,000 760,000 31,000,000 2.32 Project $1,400,000 710,000 15690,000 1.97 In what order should Lions prioritize investment in these projects? Multiple Choice

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