January 2018
Beginner
976 pages
142h 14m
English
book
Principles of Managerial Finance, 15th Edition
by Scott B. Smart, Chad J. Zutter, Lawrence J. Gitman
Content preview from Principles of Managerial Finance, 15th Edition
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11.5 Summarizing the Net Cash Flows
LG3
LG5
LG6
The initial investment, operating cash flows, and terminal cash flow together represent a project’s net cash flows. We can view these cash flows as the net after-tax cash flows attributable to the proposed project. They represent, in a cash flow sense, how much better or worse off the firm will be if it chooses to implement the proposal.
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