when profitability index exceeds one, the proposal for investment is accepted.
false or true
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Explanation: true or false
correct answer:-true
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The statement given in question statement is true
In most organizations, the key purpose of doing investment to get some return out of that, which would be in the form of better sales, production capacity leading to better profits in the future. A business generally does not invest where there is no monetary profit. Hence when profitability index exceeds one, the proposal for investment is accepted
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