a. Varying initial investment b. Divergent cash flows from the investment projects c. Disparity in the lives of the investment projects
a.Payback Period b. Profitability Index c.Utility theory d. Internal rate of return
Assertion (A) : Shareholders Wealth Maximisation (SWM) and not the profit maximisation is an appropriate and operationally feasible financial management goal. Reasoning (R) : There exists a principal-agent relationship between the shareholders and the management of the company.