You are considering the following two mutually exclusive projects. The required return on each project is 14 percent. Which project should you accept and what is the best reason for that decision? Picture Project A; because it pays back faster Project A; because it has the higher profitability index Project B; because it has the higher net present value Project B; because it has the higher profitability index Project A; because it has the higher net present value

Project A Project B 24,000-$21,000 6,500 9,800 8,70015,200 9,500 2 16,200 3