Question 7 Perkins Corporation is considering several investment proposals, as shown below: ...
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Accounting
Question 7
Perkins Corporation is considering several investment proposals, as shown below:
Investment Proposal A B C D Investment required $ 80,000 $ 100,000 $ 60,000 $ 75,000 Present value of future net cash flows 96,000 $ 150,000 $ 84,000 $ 120,000
If the project profitability index is used, the ranking of the projects from most to least profitable would be:
D, B, C, A
B, D, C, A B, D, A, C A, C, B, D
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