Question: Webley Corp. is considering two expansion options, but does not have enough capital to undertake the, Project W requires an investment of $100,000 and has
Webley Corp. is considering two expansion options, but does not have enough capital to undertake the, Project W requires an investment of $100,000 and has an NPV of $10,000. Project D requires an investment of $80,000 and has an NPV of $8,200. If Webley use the profitability index to decide, it should: A) Choose D because it has higher profitability index B) Chose W because it has higher profitability index C) Chose D because it has a lower profitability index D) Chose W because it has a lower profitability index
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