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When conducting capital budgeting, which of the following is not a relevant consideration when estimating project net cash flows? New taxes paid as a result
When conducting capital budgeting, which of the following is not a relevant consideration when estimating project net cash flows?
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New taxes paid as a result of accepting the project.
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Project financing costs.
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Any change in the firms revenues caused by project acceptance.
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The additional investment in net working capital caused by the project.
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Any indirect or spillover effects caused by the project.
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