Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project CProject DProject EInvestment required$93,600? $106,600? $221,000? Present value of cash inflows$103,896? $123,656? $240,890? Rank the projects according to the profitability index, from most profitable to least profitable.
A. D, C, E
B. E, C, D
C. E, D, C
D. C, E, D
Answer: A
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A. charter B. business plan C. mission statement D. core values statement
Which virtue protects against excess ______.
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