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Perkins Corporation is considering several investment proposals, as shown below: Investment Proposal A B C D Investment required $ 160,000 $ 200,000 $ 120,000 $

Perkins Corporation is considering several investment proposals, as shown below:
Investment Proposal
A B C D
Investment required $ 160,000 $ 200,000 $ 120,000 $ 150,000
Present value of future net cash flows $ 192,000 $ 300,000 $ 168,000 $ 360,000
If the project profitability index is used, the ranking of the projects from most to least profitable would be:

Multiple Choice

D, B, C, A

B, D, C, A

B, D, A, C

A, C, B, D

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