{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-06T06:10:19-04:00", "answer_date": "2024-06-06 06:10:19", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2346271", "url": "\/study-help\/questions\/question-2-1-point-gold-mining-inc-is-using-the-2346271", "question_creation_date_js": "2024-06-06T06:10:19-04:00", "question_creation_date": "Jun 06, 2024 06:10 AM", "meta_title": "[Solved] Question 2 (1 point) Gold Mining, Inc. is | SolutionInn", "meta_description": "Answer of - Question 2 (1 point) Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Mining's c | SolutionInn", "meta_keywords": "question,2,1,point,gold,mining,inc,profitability,index,pi,evaluating,projects", "question_title_h1": "Question 2 (1 point) Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Mining's cost of capital is 9.72 percent. What", "question_title": "Question 2 (1 point) Gold Mining, Inc. is using the profitability index", "question_title_for_js_snippet": "Question 2 (1 point) Gold Mining, Inc is using the profitability index (PI) when evaluating projects Gold Mining's cost of capital is 9 72 percent What is the PI of a project if the initial costs are $2,140,994 and the project life is estimated as 5 years The project will produce the same after tax cash inflows of $460,392 per year at the end of the year Round the answer to two decimal places ", "question_description": "

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Gold Mining, Inc. is using the profitability index (PI) when evaluating projects. Gold Mining's cost of capital is 9.72 percent. What is the PI of a project if the initial costs are $2,140,994 and the project life is estimated as 5 years? The project will produce the same after-tax cash inflows of $460,392 per year at the end of the year.<\/p>

Round the answer to two decimal places.<\/em><\/p>", "transcribed_text": "", "related_book": { "title": "Accounting for Decision Making and Control", "isbn": "78025745, 978-0078025747", "edition": "8th edition", "authors": "Jerold Zimmerman", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/364.jpg", "uri": "\/textbooks\/accounting-for-decision-making-and-control-8th-edition-364", "see_more_uri": "" }, "free_related_book": { "isbn": "1599180758", "uri": "\/textbooks\/how-to-start-a-business-in-florida-2nd-edition-978-1599180755-326922", "name": "How To Start A Business In Florida", "edition": "2nd Edition" }, "question_posted": "2024-06-06 06:10:19", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-hair-salon-in-cambridge-massachusetts-reports-that-on-seven", "description": "A hair salon in Cambridge, Massachusetts, reports that on seven randomly selected weekdays, the number of customers who visited the salon were 40, 30, 28, 22, 36, 16, and 50. 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