Answer:
B. Capital rationing.
Explanation:
If Kyle Electric has three positive net present value opportunities and unfortunately, the firm has not been able to find financing for any of these projects. What most closely describes the firm's situation is capital rationing
Capital rationing could be defined as a management approach to allocating available funds across multiple investment opportunities, which the company has accepted because those projects give a positive net present value. This allocation is done because the company does not have money for all the projects
