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2. Airlines sometimes offer reduced rates during certain times when passenger numbers are down. How...

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Accounting

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2. Airlines sometimes offer reduced rates during certain times when passenger numbers are down. How does the concept of relevant costs enter into the decision to offer reduced rates during these times? 3. As the discount rate increases, the present value of future cash flows also increases. Do you agree? Explain and provide an example. 5. What is the basic purpose for examining trends in a company's financial ratios and other data? What other type of comparisons might an analyst make

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