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Using the profitability index rank the projects starting

1 Hyde Inc. is comparing several alternative capital budgeting projects as shown below:

Projects	A	B	C
Initial Investment	$110,000	$90,000	$50,000
Present value of cash inflows	$100,000	$100,000	$60,000

Using the profitability index, rank the projects, starting with the most attractive.
A, C, B.
A, B, C.
C, A, B.
C, B, A.

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Financial Accounting: Using the profitability index rank the projects starting

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Financial Accounting: Using the profitability index rank the projects starting

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