Use the Table for the Question(s)below

question 11

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows in $:
-Assume the appropriate discount rate for this project is 15%.The profitability index for this project is closest to:

• A).14.
• B).22.
• C).60.
• D).15.

Evaluate the determinants of consumption and the importance of disposable income in consumer behavior.

Understand the types and implications of different dividends declared by corporations.

Calculate the effect of cash dividends on a company's financial statements.

Differentiate between cumulative and noncumulative preferred stock in the context of dividends.