Question: When using net present value to compare projects, the total cost approach: is the most flexible method available to compare projects. isolates cash flows that
When using net present value to compare projects, the total cost approach:
is the most flexible method available to compare projects.
isolates cash flows that are relevant from those that are not.
includes all cash inflows and outflows under each alternative.
cannot be used when more than two alternatives are being considere
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