Question 6 Trovato Corporation is considering a project that would require an investment of $48,000....
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Accounting
Question 6 Trovato Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $51,840. The profitability index of the project is closest to (Ignore income taxes.):
a.) 0.07
b.) 0.08
c.) 0.92
d.) 1.08
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