Douglas Wright has calculated the net present value of a proposed project investment and has obtained a

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Douglas Wright has calculated the net present value of a proposed project investment and has obtained a negative amount. Assuming that Douglas calculated the net present value properly, what does the negative amount indicate about this investment?

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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