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7 years ago
The following information is provided by Doppler Systems:

   Project A   Project B   Project C   Project D
Initial investment   $426,000   $214,000   $558,000   $516,000
PV of cash inflows   $584,000   $382,000   $806,000   $390,000
Payback period (years)   3.6   3.2   4.0   2.0
NPV of project   $158,000   $168,000   $248,000   $126,000

Calculate the profitability index for Project A. (Round your answer to two decimal places.)
A) 1.01
B) 1.08
C) 1.67
D) 1.37
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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#2
7 years ago
Makes perfect sense, thx
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