Income from illegal activities is not assessable

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Reference no: EM131896874

1. How would you explain TVM and its role in financial analysis to a friend? Include examples relevant to an individual’s personal finances.

2. What are the key elements of the capital budgeting process. Give a full analysis how a US Manufacturing Company based in NYS make use of this process in their Finance Department.

3. “Income from illegal activities is not assessable to income tax”. Discuss this statement.

Reference no: EM131896874

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