Managerial Accounting, v1.0: "Chapter 8, Section 6: Additional Complexities of Estimating Cash Flows" and "Section 7: The Effect of Income Taxes on Capital Budgeting Decisions"

When you have finished reading chapter 8.6, click the link at the top right to move on to 8.7 and read it. There are three additional items related to estimating cash flows that must be considered:

  1. Investment cash outflows
  2. Working capital
  3. Effect of income taxes

These two sections will discuss how these considerations impact long-term investment decisions.