Question
The management of Dewitz Corporation is considering a project that would require an initial investment of $77,000. No other cash outflows would be required. The
The management of Dewitz Corporation is considering a project that would require an initial investment of $77,000. No other cash outflows would be required. The present value of the cash inflows would be $95,480. The profitability index of the project is closest to:
| 0.24 | |
| 1.24 | |
| 0.81 | |
| 0.19 |
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Interpretation And Application Of International Standards On Auditing
Authors: Steven Collings
1st Edition
0470661127, 978-0470661123
