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Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting project? a.
Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting project?
a. | Cannibalization effects. | |
b. | Changes in net operating working capital. | |
c. | Sunk costs that have been expensed for tax purposes. | |
d. | Shipping and installation costs for machinery acquired. | |
e. | Opportunity costs |
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