Briefly discuss the following concepts associated with cash flow estimation: a. Incremental cash flow b. Cash flow

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Briefly discuss the following concepts associated with cash flow estimation:

a. Incremental cash flow

b. Cash flow versus accounting income

c. Cash flow timing

d. Project life

e. Terminal value

f. Salvage value

g. Sunk costs

h. Opportunity costs

i. Effects on current business lines

j. Shipping and installation costs

k. Changes in current accounts

l. Inflation effects

m. Strategic value

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