Exercise 1 4 - 5 ( Algo ) Preference Ranking [ LO 1 4 - 5 ]
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Question:
Exercise Algo Preference Ranking LO
Information on four investment proposals is given below:
Investment required
Present value of cash inflows
Net present value
Life of the project
Required:
Compute the profitability index for each investment proposal. Round your answers to decimal places.
Rank the proposals in terms of preference.
tabletableInvestmentProposaltableProfitabilityIndextableRankPreferenceABCD
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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