Why do managers focus on the effect that an investment will have on reported earnings rather than

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Why do managers focus on the effect that an investment will have on reported earnings rather than on the investments cash flow consequences?

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Question Posted: May 13, 2015 05:55 AM

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Why do managers focus on the effect that an investment will have on reported earnings rather than

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Introduction to Corporate Finance

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