(Ignore Income Taxes in This Problem

(Ignore income taxes in this problem.) Ryner Corporation is considering three investment projects: S,T,and U.Project S would require an investment of $20,000,Project T of $69,000,and Project U of $83,000.No other cash outflows would be involved.The present value of the cash inflows would be $23,200 for Project S,$77,970 for Project T,and $94,620 for Project U.Rank the projects according to the profitability index,from most profitable to least profitable.

A) U, T, S
B) T, S, U
C) U, S, T
D) S, U, T