In calculating the "investment required" for the project profitability index,the amount invested should not be reduced by any salvage recovered from the sale of old equipment.

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In calculating the "investment required" for the project profitability index, the amount invested should be reduced by any salvage value recovered from the sale of old equipment, as this effectively reduces the net investment needed for the project.

In Calculating the "Investment Required" for the Project Profitability Index,the