Solved

If a Project Costing $80,000 Has a Profitability Index of 1.00

Question 44

Multiple Choice

If a project costing $80,000 has a profitability index of 1.00 and the discount rate was 12%, then the present value of the net cash flows was


A) $80,000.
B) less than $80,000.
C) greater than $80,000.
D) undeterminable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions