Question
The normal type of cash flows most frequently used in business is __(1)___ because __(2)____. (1) ordinary annuities; (2) TVM relates better to annuities (1)
The normal type of cash flows most frequently used in business is __(1)___ because __(2)____.
| (1) ordinary annuities; (2) TVM relates better to annuities | ||
| (1) multiple uneven; (2) business cash flows change over time | ||
| (1) perpetuities; (2) a business is ongoing for an indefinite period of time | ||
| (1) future value ordinary annuities; (2) businesses grow out into the future |
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
