A company is considering a new project that will cost 519,000. This project would result in additional
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Question:
A company is considering a new project that will cost 519,000. This project would result in additional annual revenues of 56,000 for the next 5 years. The 519,000 cost is an example of a(n):
A. Sunk cost.
B. Fixed cost.
C. Incremental cost.
D. Uncontrollable cost.
E. Opportunity cost
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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