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Selma Inc. is comparing several alternative capital budgeting projects as shown below: Projects Initial investment Present value of net cash 97,500 54,000 162,500 d $65,000

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Selma Inc. is comparing several alternative capital budgeting projects as shown below: Projects Initial investment Present value of net cash 97,500 54,000 162,500 d $65,000 $63,000 $130,000 flows Using the profitability index, the projects rank as Select one: a, A, C, B b. A, B, C. C. C, A, B d. C, B, A

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