Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. (ignore income taxes in this problem.) the managem

(Ignore income taxes in this problem.) The management of Cantell Corporation is considering a project...

50.1K

Verified Solution

Question

Accounting

(Ignore income taxes in this problem.) The management of Cantell Corporation is considering a project that would require an initial investment of $47,000. No other cash outflows would be required. The present value of the cash inflows would be $55,930. The profitability index of the project is closest to:

1.19

0.81

0.19

0.16

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Aiello, Inc. had the following inventory in fiscal 2016. Beginning Inventory, January 1, 2016: 130 units...

Basic Math
1.2K views

??9ln(x2?1)dx

Physics
1.2K views

10 A massless rod of length is suspended by two identical string AB and CD...

Calculus
1.2K views

21 Find the center and radius for the circle a x 2 y 3 16...

Algebra
1.2K views

Solution A good way of disproving it is to look for a counterexample that is...

Accounting
1.2K views

Winrow Company received that proceeds of $565,500 on a 10 year 8% bond issued on...

Accounting
1.2K views

Compare and contrast the concepts of breach of contract, negligence, gross negligence, and fraud. What...

Accounting
1.2K views

please answer within an hour or very fast, will upvote and give nice comment. Please...

Accounting
1.2K views

Bridgeport Machinery Co. manufactures equipment to a very high standard of quality; however, it must...

Accounting
1.2K views

Example #2 : Inventory valuation - gross method Kimi Corp. reported the following transactions with...

Finance
1.2K views

The time value is asymmetric in value as you move away from the strike price...

Finance
1.2K views

Sample Bank Balance Sheet Year ended 31/12/2021 Assets Liabilities & Equity $ (000) $ (000)...