Part THREE: ADVANCED FOR-PROFIT DECISION TECHNIQUES
The concepts and techniques in this section are applied on a for-profit business decision when more accuracy is needed than can be achieved using the basic techniques covered in Part Two. The concepts and techniques presented in this part include inflation and deflation, basic accounting, depreciation, income taxes, and the consequences of income taxes on business decisions. Applying these techniques within a business decision will give a more accurate assessment of the true profit in a proposal.
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