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If in evaluating a proposal by use of the net present value method, there is an excess of the present value of future cash inflows
- If in evaluating a proposal by use of the net present value method, there is an excess of the present value of future cash inflows over the amount to be invested, the rate of return on the proposal is less than the rate used in the analvsis.
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
18th edition
538479736, 978-1111534783, 1111534780, 978-0538479738
