Copper Creations Is Evaluating a Project That Would Require an Initial

question 113

Multiple Choice

Copper Creations is evaluating a project that would require an initial investment of $36,000. The present value of the net cash inflows associated with this project would be $43,920. The profitability index for this project would be closest to

• A) 0.22.
• B) 0.82.
• C) 1.22.
• D) 4.55.