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Trovato Corporation is considering a project that would require an investment of $50.000, No other cash outflows would be involved. The present value of the cash inflows would be $56,500. The profitability index of the project is closest to (Ignore income taxes.): Multiple Choice 0.87 0.13

Trovato Corporation is considering a project that would require an investment of $50.000, No other cash outflows would be involved. The present value of the cash inflows would be $56,500. The profitability index of the project is closest to (Ignore income taxes.): Multiple Choice 0.87 0.13

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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Trovato Corporation is considering a project that would require an investment of $50,.000. No other cash outflows would be involved. The present value of the cash inflows would be $56,500. The profitability index of the project is closest to (Ignore income taxes.): Multiple Choice 0.87 0.13 1.13 012
Transcribed Image Text:Trovato Corporation is considering a project that would require an investment of $50,.000. No other cash outflows would be involved. The present value of the cash inflows would be $56,500. The profitability index of the project is closest to (Ignore income taxes.): Multiple Choice 0.87 0.13 1.13 012
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