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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Project D Project E Investment required $ 11,300 $ 44,000 $
Eddie Corporation is considering the following three investment projects (Ignore income taxes.):
| Project C | Project D | Project E | |||||||
| Investment required | $ | 11,300 | $ | 44,000 | $ | 89,000 | |||
| Present value of cash inflows | $ | 12,080 | $ | 53,320 | $ | 100,110 | |||
The profitability index of investment project D is closest to:
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Managerial Accounting College Of Dupage Edition
Authors: Karen Wilken Braun, Wendy M. Tietz
3rd Edition
1269222430, 978-1269222433
