Question 6 a. What is meant by the term 'incremental cash flows' in cash flow estimation? (2 marks) b. Explain at least three types of project cash flows that may be deemed as relevant incremental cash flows. (3 marks) c. When would you deem the use of Effective Annual Cost Methodology most appropriate? Illustrate with an example. (5 marks) d. Drawing up your own template, show how you would proceed to estimate all relevant cash flows associated with a particular project for capital budgeting purposes. (5 marks) Question 6 a. What is meant by the term 'incremental cash flows' in cash flow estimation? (2 marks) b. Explain at least three types of project cash flows that may be deemed as relevant incremental cash flows. (3 marks) c. When would you deem the use of Effective Annual Cost Methodology most appropriate? Illustrate with an example. (5 marks) d. Drawing up your own template, show how you would proceed to estimate all relevant cash flows associated with a particular project for capital budgeting purposes