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Senseman Company has three potential projects from which to choose. Selected information on each of the three projects follows: Project A Project B Project

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Senseman Company has three potential projects from which to choose. Selected information on each of the three projects follows: Project A Project B Project C Investment required $44,400 $55,700 $53,100 Net present value of project $49,100 $74,100 $69,100 Using the profitability index, rank the projects from most profitable to least profitable. OB, C, A OC, B, A B. A. C OA,B,C 99

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