Working capital is taken from (sales increase) or added to (sales decline) the year-end net after-tax cash flow in the year preceding the change in sales. ... The discount rate used to derive the net present value for the net cash flows to the overall project (C6) is based on the weighted average cost ... This may be based on any schedule option available such as the standard straight-line method to the moreanbsp;...
|Author||:||Bruce G. Hansen, Arnold Jefferson Palmer|