The management of Leitheiser Corporation is considering a project that would require an initial investment of $51,000. No other cash outflows would be required. The present value of the cash inflows would be $57,630. The profitability index of the project is closest to (Ignore income taxes.):
A. 0.13
B. 1.13
C. 0.87
D. 0.12
Answer: A
Business
You might also like to view...
Which closing technique can be used by salespeople if they need a simple and straightforward close?
What will be an ideal response?
Business
The ultimate control of the corporation rests with the ________
A) board of directors B) stockholders C) chairperson D) chief operating officer
Business
In 2014, the FDA proposed a rule that would extend its authority to e-cigarettes
a. True b. False Indicate whether the statement is true or false
Business
In the context of job dissatisfaction at work, role ambiguity occurs when leaders and followers are given incompatible goals to accomplish.
Answer the following statement true (T) or false (F)
Business