Match the following methods of capital budgeting with respective formulas:

Method	Formulas
a. ARR method	1. Present Value of Cash Inflows - Present Value of Cash Outflows
b. Pay back period Method	2. Present Value of Cash Inflows ÷ Present Value of Cash Outflows
c. NPV Method	3. Average Income ÷ Average Investment
d. Probability Index	4. Investment ÷ Annual Cash Inflows

Choose the correct option from those given below

A. a-3, b-1, c-4, d-2

B. a-3, b-4, c-1, d-2

C. a-1, b-2, c-3, d-4

D. a-1, b-4, c-2, d-3

Answer: Option B