Use the Table for the Question(s)below

question 101

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects:

-The profitability index for project B is closest to:

• A)23.34
• B)12.64
• C)0.17
• D)0.12
• E)1.14

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Definitions:

Limited Liability

A legal structure where a company's owners are not personally liable for the company's debts or liabilities.

Partnership

A sanctioned form of business collaboration among two or more persons who equally participate in managing the business and dividing its profits.

Proprietorship

A type of business entity owned and run by one individual where there is no legal distinction between the owner and the business.

Accounting Records

Documentation and books that keep track of the financial transactions, operations, and condition of a business.