Question: 1 In what ways is the setup for finding a projects cash flows similar to the projected income statements for a new single-product firm? In

1 In what ways is the setup for finding a project’s cash flows similar to the projected income statements for a new single-product firm? In what ways would the two statements be different? (One would find cash flows; the other, net income.)

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In what ways is the setup for finding a projects cash flows similar to the projected income statements for a new single-product firm? In what ways would the two statements be different? AppendixLO1

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