Question
Trovato Corporation is considering a project that would require an investment of $64,000. No other cash outflows would be involved. The present value of the
Trovato Corporation is considering a project that would require an investment of $64,000. No other cash outflows would be involved. The present value of the cash inflows would be $81,280. The profitability index of the project is closest to (Ignore income taxes.):
Multiple Choice
0.27
0.21
0.73
1.27
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Auditing Basics
Authors: 3G E-Learning
1st Edition
1984624261, 978-1984624260
