Question
A project requires an initial investment of $70,000 and has a project profitability index of 0.339. The present value of the future cash inflows from
| A project requires an initial investment of $70,000 and has a project profitability index of 0.339. The present value of the future cash inflows from this investment is: |
$46,270
$93,730
$70,000
Cannot be determined with available data.
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
