Which of the following is NOT a relevant cash flow and thus should not be reflected in
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Question:
Which of the following is NOT a relevant cash flow and thus should not be reflected in the analysis of a capital budgeting project?
a. Changes in net working capital.
b. Shipping and installation costs.
c. Cannibalization effects.
d. Opportunity costs.
e. Sunk costs that have been expensed for tax purposes.
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