A capital budgeting project that calls for a replacement decision:
A) normally does not increase the volume of a firm's operations.
B) results in total cash flows that are equal to incremental cash flows.
C) has no initial period cash flows.
D) None of the above
A
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Which of the following terms refers to one company's acquisition of another company's assets or stock in such a way that the second company is absorbed by the first?
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