You get your first interview question. Here we go: which of the following cash flows should be excluded from capital budgeting analysis? I. II. III. IV. V. Sales Opportunity Costs Financing Costs Net Working Capital Requirements After-tax salvage value III only O I, II, IV, V only I only II, IV, and V only II only

You 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 III only I, II, IV, V only I only II, IV, and V only II only