MetaYou get your first interview question. Here we go: which of the following cash flows should be excluded from capital budgeting analysis?

I. Sales

II$.$ Opportunity Costs

III. Financing Costs

IV$.$ Net Working Capital Requirements

V$.$ After$-$tax salvage value

Question $3$ options:

II only

III only

II$,$ IV$,$ and V only

I only

I, II$,$ IV$,$ V only