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Rank the following projects by their Profitability Index (PI) in descending order (i.e. from highest PI to lowest): Project CF0 NPV | $100,000 $12,345

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Rank the following projects by their Profitability Index (PI) in descending order (i.e. from highest PI to lowest): Project CF0 NPV | $100,000 $12,345 II $125,000 $21,338 ||| $75,000 $10,467 IV $135,000 $24,680 I, II, III, IV II, III, I, IV IV, II, III, I O III, I, IV, II

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