$5042$ QUESTIONS REMAINING

lestion $39$

$2\mathrm{.}4$ Points

aich of the following should not be included in the calculation of annual net cash flow from a particular investment?

Selling. general, and administrative expenses.

Depreciation expense.

Direct labor cost.

Revenues generated by the investment.

Direct materials costs.

uestion $40$

$\_$ast saved $2$:$04$:$05$ PM