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Which of the following statements is TRUE? A. Sunk costs increase a projects incremental cash flows B. Whenever a new product reduces sales of the
Which of the following statements is TRUE?
A. Sunk costs increase a projects incremental cash flows
B. Whenever a new product reduces sales of the same companys existing products, erosion costs occur.
C. A synergy gain occurs when a firm uses an owned asset to support a new project
D. Increases in working capital accounts at the end of a project represent a recovery of earlier costs.
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