Shannon's Custom Cabinets is interested in purchasing a computer, software, and peripheral equipment costing $2 pet installation would appear. Using this cost, the manager has determined that the investments net present value is d your answer to one decimal point de round 4555 to 46

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A manager at Shannon's Custom Cabinets is interested in purchasing a computer, software, and peripheral equipment costing $240,000 that would allow company salespeople to demonstrate to custor
finished carpet installation would appear. Using this cost, the manager has determined that the investments net present value is $126.000, Compute the investment's profitability index
Note: Round your answer to one decimal point de round 4.555 to 4.63
0
Transcribed Image Text:PI A manager at Shannon's Custom Cabinets is interested in purchasing a computer, software, and peripheral equipment costing $240,000 that would allow company salespeople to demonstrate to custor finished carpet installation would appear. Using this cost, the manager has determined that the investments net present value is $126.000, Compute the investment's profitability index Note: Round your answer to one decimal point de round 4.555 to 4.63 0
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