Question: When calculating net operating cash flows (NCOF) for a capital budgeting project _____ should not be included. a. operating expenses for an old asset that

When calculating net operating cash flows (NCOF) for a capital budgeting project _____ should not be included.

a. operating expenses for an old asset that is being replaced

b. changes in operating cost

c. changes in depreciation

d. interest charges

e. indirect effects When calculating net operating cash flows (NCOF) for a capital budgeting

When calculating net operating cash flows (NOCF) for a capital budgeting project, should not be included. Select one: operating expenses for an old asset that is being replaced changes in operating costs changes in depreciation O interest charges indirect effects

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