Identify the following statement regarding the net present value method used in capital budgeting that is not
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Question:
Identify the following statement regarding the net present value method used in capital budgeting that is not true:
it uses a discount rate to perform present value calculations.
it considers the time value of money.
it calculates the present value of future cash flows.
it calculates the proposal's rate of return.
Related Book For
Managerial Accounting
ISBN: 9780137689453
1st Edition
Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope
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