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0 - Test 5- Requires Respondus LockDown Browser ime Left: 1:24:09 Ralph King: Attempt 1 For the net present value (NPV) criteria, a project is

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0 - Test 5- Requires Respondus LockDown Browser ime Left: 1:24:09 Ralph King: Attempt 1 For the net present value (NPV) criteria, a project is acceptable if NPV is while for the profitability index a project is acceptable if PI is ( A) greater than zero; greater than one. ( B) greater than zero; less than one. ( C) less than zero; greater than the required return. ( D) greater than one; greater than zero. Question 28 (0.125 points) Easy Appliance Inc. is considering a new inventory system that will cost $50,000 (Initial Outlay). The system is expected to generate positive cash flows of $21,000 per year for the next three years. Easy Appliances' required rate of return is 8%. What is the net present value of this project? O A) $55, 104 O B) $5,540 O C) $4, 117 OD) $5,104

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