MCQOPTIONS
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| 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» B. net present value; initial cash outlay | |