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Small and reliable computer systems are now within the budgets of most small businesses. This article describes several examples of how small business managers are using small computers to manage more effectively. In particular, examples in the credit management, inventory control, and other...
The traditional application of the net present value method in capital budgeting involves the use of market derived discount rates such as the cost of capital. Justification of these discount rates stems from the separation principle that states that investment decisions can be made independent...
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