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General Mills hires a financial consultant $5000 to perform financial analysis to determine whether or not to launch a new line of cereal. The
General Mills hires a financial consultant $5000 to perform financial analysis to determine whether or not to launch a new line of cereal. The consulting fee that has been paid to the consultant is an example of: A) Salvage value expense. B) Net working capital expense. C) Sunk cost. D) Opportunity cost. E) Erosion cost
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