In the 21st century,managers use financial calculators and spreadsheet software to make computing present values easy by simply entering the amount and timing of the estimated cash flow into the calculator (or spreadsheet)along with the discount rate.

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This statement is true. Managers commonly use financial calculators and spreadsheet software to compute the present value of future cash flows by entering the cash flow amounts and timing, as well as the discount rate. These tools make the process much simpler than manual calculations.

In the 21st Century,managers Use Financial Calculators and Spreadsheet Software