Norstrom's criterion uses net cash flows while Descartes' rule is based on cumulative cash flows Select one: True False

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter10: Valuing Early-stage Ventures
Section10.6: Accounting Versus Equity Valuation Cash Flow
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Norstrom's criterion uses net cash flows while Descartes'
rule is based on cumulative cash flows
Select one:
True
O False
Transcribed Image Text:Norstrom's criterion uses net cash flows while Descartes' rule is based on cumulative cash flows Select one: True O False
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