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Rank the projects and starting with the most attractive

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Reference no: EM131796848

Munson Inc. is comparing several alternative capital budgeting projects as shown below.
 

Projects

A

B

C

Initial Investment

$150,000

$55,000

$95,000

Present value of cash inflows

$200,000

$65,000

$100,000

Using the profitability index, rank the projects, starting with the most attractive.

Reference no: EM131796848

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