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Which of the following are correct capital budgeting decision rules when using the profitability index (PI)? PI < 1 , don't invest; PIb > Pla,
Which of the following are correct capital budgeting decision rules when using the profitability index (PI)?
PI < 1 , don't invest; PIb > Pla, pick a, etc.
PI > 1, invest; Pla > PIb, pick a, etc.
PI = 1, invest; Pla > Plb, pick a, etc.
PI < 1, invest; Pla > Plb, pick a, etc.
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