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How many of the projects are acceptable

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Question - Sunland Inc. is comparing several alternative capital budgeting projects as shown below:

 

Projects

 

A

B

C

Initial investment

$84000

$124000

$164000

Present value of net cash flows

94000

114000

204000

Required - Using the profitability index, how many of the projects are acceptable?

Reference no: EM133186954

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