A financial manager examines concepts such as sunk costs, opportunity costs, and erosion costs to help understand
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Question:
A financial manager examines concepts such as sunk costs, opportunity costs, and erosion costs to help understand how to estimate the incremental cash flow of a project, which is ________.
the extra money the firm pays from taking on more inventory
the additional money the firm receives from taking on a new project
the prior money the firm receives from taking on a new project
the additional money the firm receives from its choice of financing
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