Refer to the real world application in this chapter. Engineers and production managers often complain that discounted

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Refer to the real world application in this chapter. Engineers and production managers often complain that discounted cash flow analysis is biased against investing in new technology. Why might they make such a statement?

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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