Question: This class is Accountancy 311 and chapter 12 please help me as soon as possible please request Windsor C. is considering purchasing equipment that has
Windsor C. is considering purchasing equipment that has an initial investment of $39000. The company's required rate of return is 12%. Annual cost savings are projected to be $22000 for year 1,$18000 for year 2 , and $10000 for year 3. What is the investment's profitability index? 1.99 2.01. 1.05. 2.05
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