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Author Question: The present value of a single future sum of money is inversely related to both the number of years ... (Read 97 times)

mcmcdaniel

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on: Jul 11, 2018
The present value of a single future sum of money is inversely related to both the number of years
  until payment is received and the discount rate.
 
  Indicate whether the statement is true or false

Question 2

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


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welcom1000

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Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


mcmcdaniel

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Reply #2 on: Jul 11, 2018
TY


welcom1000

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Reply #3 on: Jul 11, 2018
Happy to Help


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