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Motors has several investment projects under consideration, all with positive net present values. However, due to a shortage of trained personnel, a limit of $

Motors has several investment projects under consideration, all with positive net present values. However, due to a shortage of trained personnel, a limit of $1,250,000 has been placed on the capital budget for this year. Which of the projects listed below should be included in this year's capital budget? Explain your answer.
Assume that your company faces the following investment opportunities:
\table[[Project,Initial cash outflow,IRR,NPV,PI],[A,$50,000,15%,$12,000,1.24],[B,35,000,19,15,000,1.43],[C,30,000,28,42,000,2.40],[D,25,000,26,1,000,1.04],[E,15,000,20,10,000,1.67],[F,10,000,37,11,000,2.10],[G,10,000,25,13,000,2.30],[H,1,000,18,100,1.10]]
Which combination of projects would you select if the budget ceiling for initial cash outflows during the present period is $65,000 and the proposals are independent of each other?
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