Question: When estimating cash flows, include interest expense on money expected to be borrowed to finance the investment or not? Yes--it is an incremental expense Yes--it
When estimating cash flows, include interest expense on money expected to be borrowed to finance the investment or not?
| Yes--it is an incremental expense | ||
| Yes--it is not an incremental expense | ||
| No--it is an operating cash flow | ||
| No--it is a financing cash flow |
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