Question
Trovato Corporation is considering a project that would require an investment of $69,000. No other cash outflows would be involved. The present value of the
Trovato Corporation is considering a project that would require an investment of $69,000. No other cash outflows would be involved. The present value of the cash inflows would be $91,080. The profitability index of the project is closest to (Ignore income taxes.):
-
0.68
-
0.32
-
1.32
-
0.24
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Management Planning Guide For Information Systems Security Auditing
Authors: National State Auditors Association And The U. S. General Accounting Office
1st Edition
1508456720, 978-1508456728
