Question
Trovato Corporation is considering a project that would require an investment of $51,000. No other cash outflows would be involved. The present value of the
Trovato Corporation is considering a project that would require an investment of $51,000. No other cash outflows would be involved. The present value of the cash inflows would be $58,140. The profitability index of the project is closest to (Ignore income taxes.):
Multiple Choice
- 0.86
- 0.14
- 1.14
- 0.12
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College Accounting Chapters 1-9
Authors: James Heintz
22nd Edition
1305888537, 978-1305666184
