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The following information is available for a potential investment for Panda Company: Initial investment $95,000 Net annual cash inflow 20,000 Net present value 36,224 Salvage
The following information is available for a potential investment for Panda Company:
Initial investment | $95,000 |
Net annual cash inflow | 20,000 |
Net present value | 36,224 |
Salvage value | 10,000 |
Useful life | 10 yrs. |
The potential investments profitability index is
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