Question
DO NOT COPY AND PASTE ANSWER PLEASE In regard to capital budgeting, why do we tend to focus on cash flows rather than net income?
DO NOT COPY AND PASTE ANSWER PLEASE
In regard to capital budgeting, why do we tend to focus on cash flows rather than net income?
Explain the difference between accounting income and cash flow. In a capital budgeting analysis, explain why opportunity costs and external factors are included in the analysis but sunk costs are not.
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
