(Ignore income taxes in this problem.)The management of Winstead Corporation is considering the following three investment projects: The only cash outflows are the initial investments in the projects.
Required:
Rank the investment projects using the project profitability index.Show your work

Refer to Table 2-2. What is the opportunity cost to Ecoville of increasing the production of socks from 600 to 900?

A) 400 glasses
B) 300 glasses
C) 200 glasses
D) 100 glasses