incremental after-tax cash flows discounted at the opportunity cost of capital.
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Open it Capital budgeting decisions are based on incremental after-tax cash flows discounted at the opportunity cost of capital.
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Subject 2. Basic Principles of Capital Budgeting Capital budgeting decisions are based on incremental after-tax cash flows discounted at the opportunity cost of capital. Assumptions of capital budgeting are:
Capital budgeting decisions must be based on cash flows, not accounting income.
Accounting profits only measure the return on t
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