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What is the intuition behind the NPV capital budgeting framework?
The NPV framework is a discounted cash flow method. The method compares the present value of all cash inflows related with the proposed project vs. the present value of all project outflows. If inflows are adequate to cover all operating costs and financing costs, the project adjoins wealth to shareholders.
Illustrate the steps of Creative accounting Creative accounting include: 1 Timing of transactions. Delaying or hurrying up the despatch of invoices at the yearend to decr
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