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Explain the rationale as to why we should not deduct interest when undertaking a capital budgeting calculation.
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Deducting interest when undertaking a capital budgeting calculation is not recommended due to the fundamental principles and objectives of capital bud...Get Instant Access to Expert-Tailored Solutions
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
7th Edition
9780324789423, 324789416, 978-0324789416
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