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Unformatted text preview: * Cash ²ows exists only on an after-tax basis therefore every decision has a tax impact * Decision-making process involves analyzing the short-range and long-range cost/bene±t analysis for alternatives * Including taxation as a part of the formal decision-making process leads to improved cash ²ows and the long-term maximization of the value of the enterprise....
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This note was uploaded on 02/05/2012 for the course ACC 522 taught by Professor A.vena during the Spring '11 term at Ryerson.
- Spring '11