MCQOPTIONS
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| 1. |
Profitability Index, when applied to Divisible Projects, impliedly assumes that: |
| A. | Project cannot be taken in parts |
| B. | NPV is linearly proportionate to part of the project taken up |
| C. | NPV is additive in nature |
| D. | Both (b) and (c) |
| Answer» E. | |