Kingbird Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial
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Question:
Kingbird Inc. is comparing several alternative capital budgeting projects as shown below:
Projects | |||
A | B | C | |
Initial investment | $100000 | $140000 | $180000 |
Present value of net cash flows | 110000 | 130000 | 220000 |
Using the profitability index, the projects rank as
Related Book For
Project Management A Managerial Approach
ISBN: 978-0470226216
7th Edition
Authors: Jack R. Meredith, Samuel J. Mantel,
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