Which of the following best explains why market prices are useful to a financial manager when performing
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Question:
Which of the following best explains why market prices are useful to a financial manager when performing a cost-benefit analysis?
a- They can be evaluated to determine whether the market in which the manager exchanges goods and services offers true value.
b- They can be used to convert different services and commodities into equivalent cash values which can be compared.
c- They can be used to determine how much an asset can be sold for.
d- They allow all commodities and services to be assigned a fixed and unchanging value.
Related Book For
Business Law and the Legal Environment
ISBN: 978-1285860381
7th edition
Authors: Susan S. Samuelson, Jeffrey F. Beatty
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