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Profitability Index (PI) :
It is a ratio of the present value of the total cash benefits to the present value of the net cash outlay. The higher the PI, the higher the return. Any project with a PI higher than ONE is acceptable since profits exceed outlay. Projects with PI less than ONE are rejected.
Advantages:
FUNCTIONAL AREAS OF FINANCIAL MANAGEMENT The scope of financial management is all pervasive and covers approximately all the functional areas of an organization. A number of t
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Limitations of participation: 1. Technology and organization today are so complex that specialized work roles are required making it difficult for people to participate succes
applicability in vegetable growing
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