Question
The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.): Project Q Project R Project S Investment required $ 78,800
The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.):
| Project Q | Project R | Project S | |||||||
| Investment required | $ | 78,800 | $ | 121,800 | $ | 227,000 | |||
| Present value of cash inflows | $ | 86,068 | $ | 140,328 | $ | 248,910 | |||
The only cash outflows are the initial investments in the projects.
Required:
Rank the investment projects using the project profitability index.
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ERP Digital License Management Audit And Compliance
Authors: Gangesh Thakur, Jay Kalaimani
1st Edition
1799104079, 978-1799104070
