present value versus accrual accounting Return to Table 15.4. Suppose the alteration costs must be capitalized and
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present value versus accrual accounting Return to Table 15.4. Suppose the alteration costs must be capitalized and amortized along with the investment fortax purposes, but will be expensed for book purposes. Determine the project's present value. Also, following Table 15.4, determine the incremental accounting incorne for each of the relevant periods.
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