Should the salvage value on equipment being replaced as part of a new project proposal be included

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Should the salvage value on equipment being replaced as part of a new project proposal be included as a cash inflow when calculating net present value and/or the internal rate of return for that project? Why or why not?

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Managerial Accounting

ISBN: 9781260193275

12th Canadian Edition

Authors: Ray H. Garrison, Alan Webb, Theresa Libby

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