question 34

Question 34 (3 points) The following information is provided by Vision Company: Project Project D $568,000 $510,000 Project Project Initial investment $434,000 $200,000 PV of cash inflows $572,000 $396,000 Payback period (years) 3.6 3.2 NPV of project $138,000 $196,000 Which project has the highest profitability index? $808,000 $402,000 2.0 $240,000 ($108,000) O Project B O Project D Project Project A