If Yes Coast Brewery uses highest profitability index to make decisions, which of the following projects would they choose? Assume 5% discount rate for all the projects

Select one:

a. Project A requiring $100,000 investment with $28,000 annual cash flow over 5 years

b. Project B requiring $120,000 investment with $54,000 annual cash flow over 3 years

c. Project C requiring $150,000 investment with $51,000 annual cash flow over 4 years

d. Project D requiring $180,000 investment with $43,000 annual cash flow over 6 years

e. Project E requiring $160,000 investment with $33,000 annual cash flow over 7 years

f. Project F requiring $200,000 investment with $37,000 annual cash flow over 8 years