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When evaluating an investment project, which of the following best describes the financial information needed by the decision maker? a. after-tax accounting profits b. after-tax
When evaluating an investment project, which of the following best describes the financial information needed by the decision maker? a. after-tax accounting profits b. after-tax incremental cash flows to the company as a whole c. incremental cash flows before taxes so the decision will not be biased by a tax code that may change in the future d. pre-tax accounting profits adjusted for any accounting method changes
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