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30. Multiple Choice Question 63 Using the profitability index method, the present value of cash inflows for Project Flower is $88,000 and the present value

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30. Multiple Choice Question 63 Using the profitability index method, the present value of cash inflows for Project Flower is $88,000 and the present value of cash inflows of Project Plant is $48,000. If Project Flower and Project Plant require initial investments of $90,000 and $40,000, respectively, and have the same useful life, the project that should be accepted is b. project Flower project Plant. either project may be accepted. neither project should be accepted. d

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