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Which of the Following Is NOT a Relevant Cash Flow

Question 48

Multiple Choice

Which of the following is NOT a relevant cash flow and thus should not be reflected in the analysis of a capital budgeting project?


A) Changes in net working capital.
B) Shipping and installation costs.
C) Cannibalization effects.
D) Opportunity costs.
E) Sunk costs that have been expensed for tax purposes.

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