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Which of the following is NOT an advantage of using the profitability index as an investment rule in capital budgeting decision? Multiple Choice Easy to
Which of the following is NOT an advantage of using the profitability index as an investment rule in capital budgeting decision? Multiple Choice Easy to communicate. Will always lead to the same conclusion as the NPV rule. Generally will lead to the correct value-added decision. Easy to understand. Useful when there are limited funds for investments
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