Question
The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.): Project Q Project R Project S Investment required $ 17,600
The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.):
| Project Q | Project R | Project S | |
|---|---|---|---|
| Investment required | $ 17,600 | $ 52,100 | $ 82,500 |
| Present value of cash inflows | $ 18,136 | $ 59,476 | $ 91,405 |
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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Environmental Auditing Fundamentals And Techniques
Authors: J. Ladd Greeno
2nd Edition
091509410X, 978-0915094103
