as bili (13 of 30) Emily's Napkins and Accessories, Inc. is considering making an investment in a new production machine. The firm has estimated that the machine has a useful life of three years. At the end of the three years, you expect all of your investment to be worthless. The total investment required to open this enterprise is $12,000. Your after-tax cash flow is expected to be $3,000 per year and your required rate of return for this project is 12 percent. The profitability index for this project is _ 1.567 .905 1.200 None of the answers provided is correct 1.693 have Hex