44. A company is considering a new inventory system that will cost $120,000. The system is expected to generate positive cash flows over the next four years in the amounts of $35,000 in year one, $55,000 in year two, $65,000 in year three, and $40,000 in year four. The firm’s required rate of return is 9%. What is the profitability index (PI) of this project? 0.87 1.11 1.31 1.83.

44. A company is considering a new inventory system that will cost $120,000. The system is expected to generate positive cash flows over the next four years in the amounts of $35,000 in year one, $55,000 in year two, $65,000 in year three, and $40,000 in year four. The firm’s required rate of return is 9%. What is the profitability index (PI) of this project?

0.87

1.11

1.31

1.83.

find the cost of your paper