Question
The management of Leitheiser Corporation is considering a project that would require an initial investment of $41,000. No other cash outflows would be required. The
The management of Leitheiser Corporation is considering a project that would require an initial investment of $41,000. No other cash outflows would be required. The present value of the cash inflows would be $52,580. The profitability index of the project is closest to (Ignore income taxes.):
Multiple Choice
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0.72
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1.28
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0.28
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0.22
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Introductory Accounting Finance And Auditing For Lawyers
Authors: Lawrence A. Cunningham
5th Edition
0314912606, 978-0314912602
