Findell Corporation is considering two projects, A and B, and it has gathered the following estimates for the projects Project A 5 years $84,480 $64,000 Project B 5 years $57,300 $50,000 Useful life Present value of cash inflows Present value of cash outflows What is the present value index for Project A? Multiple Choice 1.320 1.113 1.348
Findell Corporation is considering two projects, A and B, and it has gathered the following estimates for the projects Project A 5 years $84,480 $64,000 Project B 5 years $57,300 $50,000 Useful life Present value of cash inflows Present value of cash outflows What is the present value index for Project A? Multiple Choice 1.320 1.113 1.348
Chapter1: Financial Statements And Business Decisions
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
Transcribed Image Text:Findell Corporation is considering two projects, A and
and it has gathered the following estimates for the projects
Project A
5 years
$84,480
$64,000
Project B
5 years
$57,300
$50,000
Useful life
Present value of cash inflows
Present value of cash outflows
What is the present value index for Project A?
Multiple Choice
1.320
1.113
1.348
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