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Project Q has an initial cost of $211,415 and projected cash flows of $121,300 in Year 1 and $176,300 in Year 2.Project R has an initial cost of $415,000 and projected cash flows of $187,500 in Year 1 and $236,600 in Year 2.The discount rate is 8.5 percent and the projects are independent.Which project(s) ,if either,should be accepted based on its profitability index value?
Big "C" Creativity
Refers to groundbreaking or transformative innovations and ideas that significantly impact a field or society as a whole, as opposed to everyday creative solutions.
Little c
Refers to 'little creativity' which indicates everyday problem-solving and innovative thinking that anyone can exhibit, as opposed to 'big creativity' seen in groundbreaking achievements.
Flow Experience
A state of complete immersion and optimal engagement in an activity, where individuals lose sense of time and are fully focused on the task at hand.
Absorbed
Fully engaged or engrossed in an activity or subject to the point of being oblivious to other things.
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