budgeting process are also defined. Risk analysis based on NPV (Net Present Value) is performed on the salvage values before and after sales tax values along with the various ranges in sales. Key Terms: NPV, NPV Profile, NPV, IRR, multiple IRRs, ranking conflict of NPV vs. IRR, payback period, profitability index, discount rate, cost of capital concept, cash flow analysis, cash flow timeline, conventional cash flow stream, non-conventional cash flow stream, sunk cost, opportunity cost, independent…
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