Describe how the profitability index approach may be used


1. Describe how the profitability index approach may be used by a firm faced with a capital rationing investment funds constraint.

2. What are the primary strengths and weaknesses of the payback approach in capital budgeting?

3. What are the primary objectives of the investment project post-audit review?

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Corporate Finance: Describe how the profitability index approach may be used
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