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You are considering the following projects but have limited funds to invest and cant take them all. Using the profitability index , rank the projects

You are considering the following projects but have limited funds to invest and cant take them all. Using the profitability index, rank the projects in the order from the best to the worst.

Project

Initial Investment

NPV

A

$100,000

$30,000

B

80,000

25,000

C

40,000

17,000

A, B, C

B, C, A

C, A, B

C, B, A

A, C, B

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