Fonics Corporation is considering the following three competing investment proposals: Using the project profitability index, how would

Question:

Fonics is considering the following three competing investment proposals:

Aye Bee Cee Initial investment required Net present value Internal rate of return $95,000 S74,000 S62,000 S8,000 S12,000

Using the project profitability index, how would the above investments be ranked (highest to lowest)?
A. Aye, Bee, Cee
B. Aye, Cee, Bee
C. Cee, Bee, Aye
D. Bee, Cee, Aye

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...