Which of the following best describes the profitability index?
A) an index of projects based on their net income
B) the ratio of present value of net cash inflows to initial investment
C) the ratio of total cash inflows to initial investment
D) an array of possible investment outcomes at different discount rates
B
You might also like to view...
In the BCG matrix, ________ refer to low-growth, high-share businesses or products
A) stars B) cash cows C) question marks D) dogs E) heroes
Which problem solving variation would likely be used for clothing, sheets, towels, or electric can openers?
A. routine response behavior B. extended problem solving C. simulated selection D. integrated problem solving E. limited problem solving
Which one of the following types of liabilities is not currently recognized on balance sheets?
a. Deferred credits b. Constructive obligations c. Equitable obligations d. Contingent liabilities
The Kyoto Protocol is an international treaty to reduce greenhouse admissions, signed by over 200 countries including the United States. I. True II. False