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it is simpler to calculate cash flows than income flows.
it is cash, not accounting income, that is central to the firm's capital budgeting decision.
this is required by the Internal Revenue Service.
this is required by the Securities and Exchange Commission.
it is cash, not accounting income, >>>>>>>>>>>>>>>>>>>>that is central to the firm's capital budgeting decision.
I agreed with Mohammed Shahid Ullah- I will go with choice B which is ...it is cash, not accounting income, that is central to the firm's capital budgeting decision.
Calculation of Cash flows is simpler than Income
Correct Ans is
It is cash, not accounting income, that is central to the firm's capital budgeting decision.
Thank you Emaad
Agree with Mr. Emad.............
Good answer add by experts <<<<<<<<<<
>>>>>>>> it is cash, not accounting income, that is central to the firm's capital budgeting decision.
My answer is choice (B) It is cash
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