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Webley Corp. is considering two expansion options, but does not have enouogh capital to undertake both, Project W requires an investment of $100,000 and has
Webley Corp. is considering two expansion options, but does not have enouogh capital to undertake both, Project W requires an investment of $100,000 and has an NPV of $10,000. Project D requires an investment of $80,000 and has an NPV of $8,200. If Webley use the profitability index to decide, it should: A. Choose W because it has a higher profitability index. B. choose D because it has a lower profitability index. C. Choose W because it has a higher profitability index. D. Choose D because it has a higher profitability index
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