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Which one of the following statements is correct? Multiple Choice Project analysis should only include the cash flows that affect the Income statement. A project

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Which one of the following statements is correct? Multiple Choice Project analysis should only include the cash flows that affect the Income statement. A project can create a positive operating cash flow without affecting sales. The depreclatlon tax shield creates a cash outflow for a project. Interest expense should always be included when analyzing cost-cutting projects. A bid price maximizes profits on a project for the bidding firm

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