Which of the following statements is correct?
A. Project B is preferred over Project C according to the project profitability index.
B. Project B is preferred over Project A according to the internal rate of return.
C. Project C is preferred over Project A according to the project profitability index.
D. Project A is preferred over Project C according to a net present value ranking.
Answer:D
Which of the following statements is correct?
A. Project B is preferred over Project C according to the project profitability index. B. Project B is preferred over Project A according to the internal rate of return. C. Project C is preferred over Project A according to the project profitability index. D. Project A is preferred over Project C according to a net present value ranking.