Question
Villena Corporation is considering a project that would require an investment of $56,000. No other cash outflows would be involved. The present value of the
Villena Corporation is considering a project that would require an investment of $56,000. No other cash outflows would be involved. The present value of the cash inflows would be $66,640. The profitability index of the project is closest to: (Ignore income taxes in this problem.)
0.16
0.19
0.81
1.19
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
8th edition
978-1118953907, 9781118953808, 1118953908, 1118953800, 978-1119491057
