Question

A reason that a small firm would not use a discounted cash flow technique in evaluating capital investments would be

a. company management has a preference for another quantitative method.

b. liquidity is less of an issue for a small company.

c. non-financial issues may be more important for a small firm.

d. small firms invest more in short-term assets than large companies.

Answer

This answer is hidden. It contains 1 characters.