Define economic life


Assignment:

Q1. Why should high profitability projects be viewed with some skepticism?

Q2. Is it always necessary to adjust project cash flows to account for unequal lives?

Q3. Briefly, describe the two methods for adjusting for unequal lives.

Q4. Define economic life, as opposed to physical life.

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Operation Management: Define economic life
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