The manager of a small firm wants to know which among the three different projects should the company enter into. Details of the three projects are as follows: JOJO GINA MARIA LORINDA KANOR Initial...

JOJO

GINA

MARIA

LORINDA

KANOR

Initial investment

P 120,000

P 125,000

P 180,000

P160,000

P35,000

Net present value

25,000

24,000

45,000

35,000

10,000

Internal rate of return

10%

15%

12%

8%

9%

Profitability index

1.21

1.19

1.25

1.22

1.29

a. Jojo, Gina, Lorinda, and Kanor

b. Gina, Maria, Lorinda, and Kanor

c. Jojo, Maria, Lorinda, and Kanor

d. Jojo, Gina, Maria, and Kanor