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Find the potential investment profitability index

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Reference no: EM132846178

Question - The following information is available for a potential investment for Akai Company:

Initial investment $80,000

Net annual cash inflow 20,000

Net present value 36,224

Salvage value 10,000

Useful life 10 yrs.

Required - Find the potential investment's profitability index?

Reference no: EM132846178

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