One of the weaknesses in pursuing the objective of profit maximization is that it ignores
A. the timing of cash flows.
B. the time-value of money concept.
C. the riskiness of cash flows.
D. All of the above
Answer:D
One of the weaknesses in pursuing the objective of profit maximization is that it ignores
A. the timing of cash flows. B. the time-value of money concept. C. the riskiness of cash flows. D. All of the above