The cash flows used in capital budgeting calculations are: a.taken fromthepasthistoryandbackwardlooking. b.based onforecasts of future cash revenues,expenses,and
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Question:
The cash flows used in capital budgeting calculations are:
a.taken fromthepasthistoryandbackwardlooking.
b.based onforecasts of future cash revenues,expenses,and investment outlays.
c.basedonforecasts of accountingnet income.
d.based on forecasts of retained earnings and debt available for financing projects.
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