The Following Information Is Provided by Turnbridge Systems Calculate the Profitability Index for Project C

question 111

Essay

The following information is provided by Turnbridge Systems:
$\begin{array}{lllll}&\textbf{Project A}&\textbf{Project B}&\textbf{Project C}&\textbf{Project D}\\\text { Initial investment } & \$ 438,000 & \$ 218,000 & \$ 560,000 & \$ 516,000 \\\text { PV of cash inflows } & \$ 582,000 & \$ 388,000 & \$ 800,000 & \$ 394,000 \\\text { Payback period (years) } & 3.6 & 3.2 & 4.0 & 2.0 \\\text { NPV of project } & \$ 144,000 & \$ 170,000 & \$ 240,000 & (\$ 122,000)\end{array}$ Calculate the profitability index for Project C.Show your calculations and round to two decimal places.

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Definitions:

DNAR Determination

A medical order indicating that no attempts should be made to resuscitate a patient in the event of cardiac or respiratory arrest, standing for "Do Not Attempt Resuscitation."

Autonomy

The right or condition of self-government, or, in a personal sense, the ability to make decisions independently and to have control over one's own life.

Social Justice

The concept of fair and just relations between the individual and society, measured by the distribution of wealth, opportunities, and privileges within a society.

Ethically Sound

Describes decisions, behaviors, or practices that are in alignment with accepted moral principles and ethical standards, demonstrating integrity and fairness.