of a project's future cash . .. A project's profitability index is equal to il : ratio of the _ nows to the project's !! sh line ... Thi nel present value; initial cash outlay present value; depreciable basis net present value; depreciable basis (c! None of the above Twa mutually exclusive investment proposals have "scale differences" (i.e., the cost of the projects differ). Ranking these projects on the basis of IRR, NPV, and Pl methods give contradictory results. (a) will never will always may will genera!ly None of the above 41. ( 1 U If capital is to be rationed for only the current period, a firm should probably first consider selecting projects by descending order of (a) net present value (b) payback period Internal role oficium profitability index None of the above The method provides correct rankings of mutually exclusive projects, when the firm is not subject to capital rationing nel present value (6) internal rate of return (c) rayback period profitability index. None of the above