Multiple Choice
Benefit-cost ratio is calculated by:
A) dividing the present value of future net cash flows by the initial outlay.
B) dividing the present value of cash flows by the working capital.
C) dividing the present value of future net cash flows by the sum of initial outlay and the working capital.
D) dividing the total cash flows by the initial outflow.
Correct Answer:
Verified
Correct Answer:
Verified
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