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Briefly discuss why the people who make financial decisions must focus on incremental cash flows when evaluating new projects and not accounting profit b. List
- Briefly discuss why the people who make financial decisions must focus on incremental cash flows when evaluating new projects and not accounting profit
- b. List the three main forms of business organization, describe their advantages and disadvantages. Explain why large and growing firms tend to choose the corporate form.
- Briefly discuss the incentives for financial managers to conduct their business in an ethical manner.
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