Question
(Ignore income taxes in this problem.) The management of Cantell Corporation is considering a project that would require an initial investment of $47,000. No other
(Ignore income taxes in this problem.) The management of Cantell Corporation is considering a project that would require an initial investment of $47,000. No other cash outflows would be required. The present value of the cash inflows would be $55,930. The profitability index of the project is closest to:
1.19
0.81
0.19
0.16
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
10th Edition
0273703641, 978-0273703648
