The treasurer of Tropical Fruits, Inc., has projected the cash flows of Projects A, B, and C as follows: Year Project A 0 $215,000 1 2 Project B Project C $380,000 $215,000 138,000 232,000 152,000 138,000 232,000 118,000 Suppose the relevant discount rate is 9 percent per year. a. Compute the profitability index for each of the three projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Compute the NPV for each of the three projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. Project A profitablity index Project B profitability index Project C profitability index b. Project A NPV Project B NPV Project C NPV c. Suppose these three projects are independent. Which project(s) should the company accept based on the profitability index rule? O Project A O Project B c. Suppose these three projects are independent. Which project(s) should the company accept based on the profitability index rule? O Project A O Project B O Project C O Project A, Project B, Project C Project A, Project B O Project A, Project C Project B, Project C d. Suppose these three projects are mutually exclusive. Which project(s) should the company accept based on the profitability index rule? O Project A Project B Project C O Project A, Project B, Project C Project A, Project B O Project A, Project C O Project B, Project C e. Suppose the budget for these projects is $595,000. The projects are not divisible. Which project(s) should be accepted? Project A O Project B Project C O Project A, Project B, Project C O Project A, Project B Project A, Project C Project B, Project C d. Suppose these three projects are mutually exclusive. Which project(s) should the company accept based on the profitability index rule? O Project A O Project B Project C Project A, Project B, Project C O Project A, Project B Project A, Project C O Project B, Project C e. Suppose the budget for these projects is $595,000. The projects are not divisible. Which project(s) should be accepted? O Project A O Project B Project C O Project A, Project B, Project C O Project B, Project C O Project B, Project A O Project A, Project C