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Using the profitability index, which of the following projects should be accepted?
Project M: NPV = $60,000 NINV = $200,000
Project N: NPV = $10,000 NINV = $30,000
Project O: NPV = $2,000 NINV = $5,000
given the following information: cash-171,100 accounts receivable-9400 prepaid studio rent-3000 unexpired insurance-7200 supplies-500,equipment-18,000 accumulated depreciation-7200
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Can you help me with that?
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