Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project CProject DProject EInvestment required$36,000 $41,000 $85,000 Present value of cash inflows$39,960 $47,560 $92,650 Rank the projects according to the profitability index, from most profitable to least profitable.

A. C, E, D
B. D, C, E
C. E, C, D
D. E, D, C


Answer: B

Business

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To encourage a positive response to your persuasive message, which of the following would be most effective?

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Use the t-table to find the following probabilities

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Business