Question

Que. No. 23
how is
Profitability index is measured as the​

Answer 1

Explanation:

In physics, refraction is the change in direction of a wave passing from one medium to another or from a gradual change in the medium. Refraction of light is the most commonly observed phenomenon, but other waves such as sound waves and water waves also experience refraction

Answer 2

Explanation:

The profitability index (PI), alternatively referred to as value investment ratio (VIR) or profit investment ratio (PIR), describes an index that represents the relationship between the costs and benefits of a proposed project. It is calculated as the ratio between the present value of future expected cash flows and the initial amount invested in the project. A higher PI means that a project will be considered more attractive.