Weston Corporation The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a useful life of five years. The following information has been obtained: Project A Project B Project C $500,000 $480,000 $630,000 $690,000 16% Initial investment required Present value of future cash inflows $675,000 $520,000 Internal rate of return 18% 14% Which of the following statements is correct? Please show calculations to support your choice. A. Project B is preferred over Project C according to the project profitability index. Project C is preferred over Project A according to the internal rate of return. B. C. Project A is preferred over Project C according to the project profitability index. D. Project B is preferred over Project C according to the internal rate of return.

Weston Corporation The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a useful life of five years. The followina information has been ahtrinad. Which of the following statements is correct? Please show calculations to support your choice. A. Project B is preferred over Project C according to the project profitability index. B. Project C is preferred over Project A according to the internal rate of return. C. Project A is preferred over Project C according to the project profitability index. D. Project B is preferred over Project C according to the internal rate of return