Question
Villena 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
| Villena 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 in this problem.) |
0.12
1.14
0.86
0.14
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
