Villena Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $52,800. The profitability index of the project is closest to:
A)0.90
B)0.10
C)1.10
D)0.09

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The Answer of Villena Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $52,800. The profitability index of the project is closest to:
A)0.90
B)0.10
C)1.10
D)0.09

Villena Corporation Is Considering a Project That Would Require an Investment