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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

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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 $40,000 $54,500 $52,400 Net present value of project $48,500 $74,900 $69,800 Using the profitability index, rank the projects from most profitable to least profitable. OA. BAC OB BCA OC. ABC OD. CAB

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