Posted: June 4th, 2022
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Please follow the instructions and use the text book I am going to reference.
Instructions:
Question A
Explain why firms choose to decentralize and give an example.
Question B
Explain why NPV is generally preferred over IRR when choosing among competing or mutually exclusive projects. Why would managers continue to use IRR to choose among mutually exclusive projects?
Textbook:
Mowen, M. M., Hansen, D. R., & Heitger, D. L. (2022). Managerial accounting. The Cornerstone of Business Decision Making
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