Allegra Company is considering the following three investment opportunities:
Project 1: Has an initial cost of $500,000 and the present value of its net cash inflows is $550,000.
Project 2: Has an initial cost of $450,000 and the present value of its net cash inflows is $504,000.
Project 3: Has an initial cost of $550,000 and the present value of its net cash inflows is $594,000.
Using the profitability index, rank the projects from most profitable to least profitable.
A) 3, 1, 2 B) 2, 3, 2 C) 1, 2, 3 D) 2, 1, 3
D
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All teams are ______, but not all groups are ______.
-organizations; focus groups -groups; teams -organizations; team -groups; interest groups
Bob Chum is the sales manager at Folding Squid Technologies. At lunch with the company CEO, he proudly announced that he had negotiated a(n) ________ with a client that defined a long-term commitment to buy components from Folding Squid.
A) purchase order B) blanket purchase order C) evaluated receipt settlement D) voucher