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Using the profitability index, which of the following projects should be accepted? Project M: NPV = $60,000 NINV = $200,000 Project N: NPV = $10,000

Using the profitability index, which of the following projects should be accepted? Project M: NPV = $60,000 NINV = $200,000 Project N: NPV = $10,000 NINV = $30,000 Project O: NPV = $2,000 NINV = $5,000 a. Project O b. All projects should be accepted c. Project M d. Project N

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