1.

A project's profitability index is equal to the ................ ratio of the of a project's future cash flows to the project's ................a) present value; initial cash outlay b) net present value; initial cash outlay c) present value; depreciable basis d) net present value; depreciable basis 

Answer»

A project's profitability index is equal to the ratio of the present value of a project's future cash flows to the project's   initial cash outlay



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