Additional Complexities of Estimating Cash Flows
Read section 8.6 to learn why it's somewhat problematic when investments involve cash outflows at irregular times throughout the project. Evaluations using NPV, IRR, and the payback period must consider those scenarios.
Click https://saylordotorg.github.io/text_managerial-accounting/s12-06-additional-complexities-of-est.html link to open resource.