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Jennifer Pastink
on Nov 07, 2024

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You build a Taco Bell just down the street from your McDonalds franchise would likely NOT cause erosion.

Erosion

The portion of cash flows of a new project that come at the expense of a firm’s existing operations.

  • Recognize and calculate the impact of erosion when evaluating new projects.
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Chyna ClarkeNov 11, 2024
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