Question
(Ignore income taxes in this problem.) Dayton Corporation is considering a project that would require an investment of $71,000. No other cash outflows would be
| (Ignore income taxes in this problem.) Dayton Corporation is considering a project that would require an investment of $71,000. No other cash outflows would be involved. The present value of the cash inflows would be $95,140. The profitability index of the project is closest to: (Round your answer to 2 decimal places.) |
1.34
0.34
0.66
0.25
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
16th Edition
027377817X, 978-0273778172
