Question
The profitability index makes up for what drawback to the NPV method? no objective decision criterion the NPV's reinvestment rate assumption the lack of consideration
The profitability index makes up for what drawback to the NPV method? no objective decision criterion the NPV's reinvestment rate assumption the lack of consideration of cashflows occurring late in the project's life the NPV being an absolute (not relative) measure
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The Audit Process Principles Practice And Cases
Authors: Iain Gray, Stuart Manson,
4th ISA Edition
1844806782, 9781844806782
