Sookie Inc. is comparing several alternative capital budgeting projects as shown below: Projects Initial investment $70,000 Present value of net cash flows 100,000 300,000 O C, A, B. A, C, B. $175,000 O A, B, C. Rank the projects in order of highest to lowest according to their profitability index. O C, B, A A $250,000 170,000 B

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Sookie Inc. is comparing several alternative capital budgeting projects as shown below: Projects C Initial investment $70,000 $175,000 Present value of net cash flows 100,000 300,000 _A__ B $250,000 170,000 Rank the projects in order of highest to lowest according to their profitability index. OC, A, B. OA, C, B. O A, B, C. OC, B, A Sookie Inc. is comparing several alternative capital budgeting projects as shown below: Projects C Initial investment $70,000 $175,000 Present value of net cash flows 100,000 300,000 _A__ B $250,000 170,000 Rank the projects in order of highest to lowest according to their profitability index. OC, A, B. OA, C, B. O A, B, C. OC, B, A