Accountancy, asked by sahjeenal5933, 6 months ago

Profit maximization fails becouse its ignore ?

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Answered by abhinav867

1

Answer:

In Profit Maximization, profit is not defined precisely or correctly. It creates some unnecessary opinion regarding earning habits of the business concern. ... It ignores the time value of money:Profit maximization does not consider the time value of money or the net present value of the cash inflow

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