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# text_errata - sentence should be revised with the text in...

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Errata Errata for Text October 20, 2011 Cost Management, Canadian Edition Eldenburg, Wolcott, Chen, Cook 978-0-470-15703-9 Note from the publisher: While every effort was made by the publisher and proofreaders to make this an error-free text, some errors did come to our attention too late in the process to be corrected. The following is a list of corrections to the text you may wish to share with your students. Chapter Page Reference (if applicable) Correction Required 2 57 Combining All Relevant Cost Estimates The third last line of this section should read, “Josh estimates that total 20 12 costs will be….”, not “Josh estimates that total 2006 costs will be….” 2 83 2.36 Within the second paragraph of the question text, the following

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Unformatted text preview: sentence should be revised with the text in red: "Meanwhile, Firm B's managers anticipated selling another 150 units; therefore they calculated the average cost to produce the second group of 150 units and set their current-year price at this year's average cost plus a 50% mark-up." 12 526 Calculating Incremental Tax Cash Flows In the first line of the Present Value calculation, the cash flow should be “\$400,000”, not “\$40,000” 12 529 Loss of Tax Shield from the Disposal of Equipment The correct formula for Loss of Tax Shield is as follows: Loss of Tax Shield = Salvage value × Tax rate × CCA rate × 1 CCA rate + Required rate of return (1 + RRR) n...
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text_errata - sentence should be revised with the text in...

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