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Management may use several methods for capital budgeting decisions. One of these is the NPV or net present value method, which is considered to be

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Management may use several methods for capital budgeting decisions. One of these is the NPV or "net present value method", which is considered to be a better method than the "payback method" because it requires less data reflects the effects of depreciation and income taxes. is easier to implement considers the time value of money

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