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Which one of the following statements about capital rationing is not true? A. In single period capital rationing, where projects are divisible, the projects for selection should be ranked in ascending order of their profitability indexes. B. Linear programming is an appropriate tool to apply to multiperiod capital rationing decisions. C. Hard capital rationing is where external forces limit the amount of capital available to a business. D. Soft capital rationing is said to exist when capital is rationed by constraints within the business. |