The value of a business changes over time because
A) changes in general economic conditions, industry conditions, and decisions that are made by the managers all affect the value of the cash flows that a business is expected to generate in the future.
B) actions by competitors also affect the value of a business.
C) the investment, operating, and financing decisions made by managers also affect the value of a business.
D) All of the above
Correct Answer:
Verified
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