ABC manufacturing is evaluating two capital projects. The companys choice will be based on the...
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Accounting
ABC manufacturing is evaluating two capital projects. The companys choice will be based on the profitability. Project 1 has a present value of cash flows of 200000 and a net intial investment of 180,000 while project 2 has present value of future cash flow of 820,000 and a initial investment of 800,000. Which project will ABC choose?why?
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