Question
a. Explain why firms choose to decentralize and give an example. b. Explain why NPV is generally preferred over IRR when choosing among competing or
a. Explain why firms choose to decentralize and give an example.
b. Explain why NPV is generally preferred over IRR when choosing among competing or mutually exclusive projects. Why would managers continue to use IRR to choose among mutually exclusive projects?
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
