Question
Trovato Corporation is considering a project that would require an investment of $58,000. No other cash outflows would be involved. The present value of the
Trovato Corporation is considering a project that would require an investment of $58,000. No other cash outflows would be involved. The present value of the cash inflows would be $70,180. The profitability index of the project is closest to (Ignore income taxes.):
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel G. Short
3rd Edition
0072458836, 978-0072458831
