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Assertion (A):Profit maximization as an objective does not take into account the time pattern of returns.Reason (R):The finance managers will accept highly risky proposals if they give high profits by applying the profit maximization concept.Select the correct answer from the options given below.

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Assertion (A):<br />Profit maximization as an objective does not take into account the time pattern of returns.<br />Reason (R):<br />The finance managers will accept highly risky proposals if they give high profits by applying the profit maximization concept.<br />Select the correct answer from the options given below.






 
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