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DQ #1 What is the financial managers goal in selecting investment projects for the firm? Define the capital budgeting process and explain how it helps
DQ #1
What is the financial managers goal in selecting investment projects for the firm? Define the capital budgeting process and explain how it helps managers achieve their goal.
Why is it important to evaluate capital budgeting projects on the basis of incremental cash flows? What three types of net cash flows that may exist for a given project? How can expansion decisions be treated as replacement decisions? Explain.
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