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Oriole Inc. is comparing several alternative capital budgeting projects as shown below: C Projects A B $98000 $138000 $178000 108000 128000 218000 Initial investment Present

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Oriole Inc. is comparing several alternative capital budgeting projects as shown below: C Projects A B $98000 $138000 $178000 108000 128000 218000 Initial investment Present value of net cash flows Using the profitability index, the projects rank as C, B, A. O A, C, B. O C, A, B. O A, B, C

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