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13. (Ignore income taxes in this problem.) The management of Dittrick Corporation is considering the fol three investment projects: Project I Project J Project K Investment required. $13,000 $41,000 $93,000 Present value of cash inflows. $13,520 $47,150 $103,230 Rank the projects according to the profitability index, from most profitable to least profitable. A. I, J, K B. K, J, I C. J, K, I D. I, K, J 13,520 -13,000 47,150 103,230 41,000 93,000 520 6,150 10,230

13. (Ignore income taxes in this problem.) The management of Dittrick Corporation is considering the fol three investment projects: Project I Project J Project K Investment required. $13,000 $41,000 $93,000 Present value of cash inflows. $13,520 $47,150 $103,230 Rank the projects according to the profitability index, from most profitable to least profitable. A. I, J, K B. K, J, I C. J, K, I D. I, K, J 13,520 -13,000 47,150 103,230 41,000 93,000 520 6,150 10,230

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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13. (Ignore income taxes in this problem.) The management of Dittrick Corporation is considering the following three investment projects: Project I Project J Project K Investment required. $13,000 $41,000 $93,000 Present value of cash inflows $13,520 $47,150 $103,230 Rank the projects according to the profitability index, from most profitable to least profitable. A. I, J, K B. K, J, I C. J, K, I D. I, K, J 13,520 47,150 -13,000 103,230 41,000 93,000 520 6,150 10,230
Transcribed Image Text:13. (Ignore income taxes in this problem.) The management of Dittrick Corporation is considering the following three investment projects: Project I Project J Project K Investment required. $13,000 $41,000 $93,000 Present value of cash inflows $13,520 $47,150 $103,230 Rank the projects according to the profitability index, from most profitable to least profitable. A. I, J, K B. K, J, I C. J, K, I D. I, K, J 13,520 47,150 -13,000 103,230 41,000 93,000 520 6,150 10,230
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