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Which of the following statements regarding capital investment projects is true? The future value tables should be used to determine a project's profitability. To be
Which of the following statements regarding capital investment projects is true?
The future value tables should be used to determine a project's profitability.
To be profitable the present value of the net operating cash flows should be more than the salavge amount.
To be profitable the present value of the net operating cash flows should be more than the initial investment.
The present value of the initial investment will likely be less than the present value of the salvage amount.
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