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If net cash flows from operating activities were $296,000,net income were $200,000,and sales were $2,000,000,cash flows to sales would equal (Round amounts to one decimal place)
Average Return
The simple mathematical average of a series of returns generated over a period of time.
NPV Technique
A method used in capital budgeting to evaluate the profitability of an investment or project, by calculating the net present value of all cash flows associated with it.
Mutually Exclusive
Events or choices that cannot occur or be taken at the same time.
Capital Projects
Large, longer-term investments undertaken by a business or government to create, maintain, or expand its operational capacity.
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