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
Authors: Jeffrey Waybright, Robert Kemp, Sherif Elbarrad
2nd Canadian edition
133375536, 9780133845396, 133845397, 978-0133375534
