Linda Almeda is considering an investment of $12,950 to purchase an embroidery machine that should last 10 years and provide annual cash inflows of $3,000, Linda’s minimum required rate of return is 12 percent. What is the profitability index for Linda’s investment?

Sep 8, 2023

 

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Linda Almeda is considering an investment of $12,950 to purchase an embroidery machine that should last 10 years and provide annual cash inflows of $3,000, Linda’s minimum required rate of return is 12 percent. What is the profitability index for Linda’s investment?
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