The Spicket Business has the following three investment proposals available:
$\begin{array}{ccc}
& \text { initial investment } & \text { net present } \
\text { Proposal } & \text { Required } & \text { Value } \
\hline \text { A } & \$ 20000 & \$ 5000 \
\text { B } & 30000 & 8000 \
\text { C } & 50000 & 14000
\end{array}$ Assuming Spicket has $50 000 cash available and uses the maximum net present value method to evaluate investments, Spicket should select:

Question

Quizplus · Accepted Answer

select highest NPV

The Spicket Business Has the Following Three Investment Proposals Available