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Raghavkumar0002

Asked: February 9, 20242024-02-09T17:24:47+05:30 2024-02-09T17:24:47+05:30In: FM (CA Inter)

Alpha company is considering the following investment project

In soln for the above question, for calculating arr, nopat has been found by deducting II from Total CF and then divided by 3.

My query is that how can we subtract II which is capital expenditure in order to find revenue profit that is nopat? Is it to show depn?

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