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Describe the steps of the net present value method for making long-term decisions using discounted cash flows,and explain the effect of income taxes on cash flows.
Innovation
The act or process of introducing new ideas, devices, or methods to improve or make significant contributions to fields or industries.
Questioning Attitude
The habit of consistently asking questions to gain deeper understanding, encourage critical thinking, and challenge assumptions.
Open Mind
The willingness to consider new ideas, perspectives, and experiences without prejudice.
New Ideas System
A framework or process for generating, capturing, and evaluating innovative concepts within an organization or group.
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