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Nizwa Mills SAOG has OMR 120000 allocated for capital budgeting purposes. Following are the available projects, their investment outlays, and profitability indexes. Investment Outlay (OMR)

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Nizwa Mills SAOG has OMR 120000 allocated for capital budgeting purposes. Following are the available projects, their investment outlays, and profitability indexes. Investment Outlay (OMR) Profitability Index Projects Project A 30000 1.1 40000 1.7 Project B Project C Project D 20000 0.9 30000 0.8 In Nizwa Mills SAOG, which projects would you suggest that the company should invest in based on NPV and considering capital rationing? Only Project B and Project C All the 4 projects o Only Project B and Project D O Only Project A and Project B

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