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Monty Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $82000 $122000 $162000 Present value of net
Monty Inc. is comparing several alternative capital budgeting projects as shown below:
| Projects | |||
| A | B | C | |
| Initial investment | $82000 | $122000 | $162000 |
| Present value of net cash flows | 92000 | 112000 | 202000 |
Using the profitability index, the projects rank as
C, A, B.
A, C, B.
C, B, A.
A, B, C.
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CISA Certified Information Systems Auditor Study Guide Achieve CISA Certification With Practical Examples And Over 850 Exam Oriented Practice Questions
Authors: Hemang Doshi
2nd Edition
1803248157, 978-1803248158
