Question
(Ignore income taxes in this problem.) Dayton Corporation is considering a project that would require an investment of $65,000. No other cash outflows would be
| (Ignore income taxes in this problem.) Dayton Corporation is considering a project that would require an investment of $65,000. No other cash outflows would be involved. The present value of the cash inflows would be $83,200. The profitability index of the project is closest to: (Round your answer to 2 decimal places.) |
0.72
0.28
1.28
0.22
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Financial Accounting And Reporting A Global Perspective
Authors: Herv Stolowy, Yuan Ding
5th Edition
1473740207, 978-1473740204
