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Kwami Kwami
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7 years ago
The following information is provided for two acceptable projects:
   Project 1   Project 2
PV of inflows   $200,000   $53,500
PV of outflows   $195,000   $50,000
What is the profitability index for Project 1 and Project 2, respectively?
A)  .97, .93
B)  .03, .07
C) 1.07, 1.03
D) 1.03, 1.07
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
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hol23hol23
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7 years ago
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Kwami Author
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7 years ago
This really helped
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