Question 13

Outdoor Sports is also considering adding a new chipping range to its facility. Which of the following are relevant cash flows for this project? I. revenue from the new chipping range II. increased projected sales of Titleist pitching wedges, which can be directly connected to the new chipping range III. the cost of a market survey to find out if customers would be interested in a chipping range IV. decreased projected sales of last year's Big Bertha drivers because the new Big Bertha drivers will soon go on sale

Group of answer choices

I, II, and IV only

I and III only

I, II, and III only

I and IV only

I and II only