资本预算课件.pptVIP

Internal Rate of Return Criterion Periods Amount PV Factor Present Value 0 ($70,000) 1.0000 ($70,000.00) 1 20,000 0.8610 17,220.60 2 20,000 0.7414 14,827.45 3 20,000 0.6383 12,766.87 4 20,000 0.5496 10,992.66 5 30,000 0.4733 14,197.51 Total $ 5.09 Internal Rate of Return: 16.14% 第三十一页，共四十八页。 Profitability Index The profitability index is a variation on the net present value method. It is computed by dividing the present value of the cash inflows by the present value of the cash outflows. A profi