Bowen company is considering several investment proposals

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Bowen Company is considering several investment proposals, as shown below:

 

Investment Proposal

 

A

B

C

D

Investment required

$95,000

$120,000

$90,000

$150,000

Present value of future net cash flows

$107,000

$130,000

$105,000

$180,000

If the project profitability index is used, the ranking of the projects would be:

A) D C A B

B) D B A C

C) B A C D

D) D A B C

Reference no: EM13567114

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