Question: SP Pointer Construction is considering whether of not to undertake a project that would expand its operations. Based on the cash flows listed below and
SP Pointer Construction is considering whether of not to undertake a project that would expand its operations. Based on the cash flows listed below and with a required rate of return of \10, whar's the Profitability Index of this project? Round your answer to two decimal places. Cash Flows Year \\( 0:-\\$ 120,000 \\) Year 1: \\( \\$ 20,000 \\) Year 2: \\( \\$ 36,000 \\) Year 3: \\( \\$ 30,000 \\) Year 4: \\( \\$ 43.000 \\)
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