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Which of the following is a true statement regarding the net present value method in capital budgeting? A. it calculates the present value of future
Which of the following is a true statement regarding the net present value method in capital budgeting?
A. it calculates the present value of future cash flows.
B. it provides the same basic information as the accounting rate of return.
C. it doesn't consider the time value of money.
D. it calculates the proposal's rate of return.
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