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Ch 4: Investment Appraisal – Further Aspects of Discounted Cash Flows

*This F9 (FM) Summary Notes is Valid Up to 31 August 2025.

Chapter Focus Points: Inflation and Its Effects, Nominal (Money) Cash Flows, Tax on Operating Inflows, Tax Relief on Outflows, Tax-Allowable Depreciation (TAD), Tax-Allowable Depreciation (TAD), Working Capital and Residual Value, Net Trading Revenue, Capital Allowance.

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Ch 4: Investment Appraisal – Further Aspects of Discounted Cash Flows

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