You are performing a capital budgeting analysis for a client but they are confused about two parts
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Question:
You are performing a capital budgeting analysis for a client but they are confused about two parts of your analysis. Please answer the following:
a. What would constitute an opportunity cost and why do you consider them in your analysis?
b. What is meant by 'working capital' and why does the analysis of a project require a consideration of working capital ?
Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 9780134421827
7th Edition
Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt
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