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17 Which of the following statements is most correct? Sunk costs can be altered by a firm's future investment decisions. The cuh fow that are

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Which of the following statements is most correct? Sunk costs can be altered by a firm's future investment decisions. The cuh fow that are recusint to in investment's evaluation are the incremental, after-tax cash flows. If an old asset has been fully depreciated to a book value of zero and is sold for less than its original cost, there is no tax libility because the asset has already been written off. Because a business has no choice about paying taxes, taxes are generally ignored in evaluating capital projects from

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