Question: Question 5 3 points Save Answer You company is analyzing cash flows in order to conduct a capital budgeting analysis for a new product line.

Question 5 3 points Save Answer You company is analyzing cash flows in order to conduct a capital budgeting analysis for a new product line. To date, the company has spent $100,000 on market research related to the product. When capital budgeting, is this expense relevant? Why? 01 No, it is an opportunity cost 2. No, it is a sunk cost 3 Yes, it is an incremental cost 4 Yes, it is an opportunity cost
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