One of the drawbacks of the profitability index as a criteria for judging whether to accept...
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One of the drawbacks of the profitability index as a criteria for judging whether to accept a capital budgeting project is that: O the profitability index does not account for the time value of money. O the profitability index does not account for risk. the profitability index biases the firm toward long-term projects. O the profitability index does not adjust for projects of differing scales. One of the drawbacks of the profitability index as a criteria for judging whether to accept a capital budgeting project is that: O the profitability index does not account for the time value of money. O the profitability index does not account for risk. the profitability index biases the firm toward long-term projects. O the profitability index does not adjust for projects of differing scales.
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