Why are sunk cost excluded from the incremental cash flow of a project? Does this mean that

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Why are sunk cost excluded from the incremental cash flow of a project? Does this mean that they were wasted expenses? Why or why not?

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Financial Management Core Concepts

ISBN: 978-0132671033

2nd edition

Authors: Raymond M Brooks

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Question Posted: May 08, 2014 07:57 AM

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Why are sunk cost excluded from the incremental cash flow of a project? Does this mean that

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Sunk costs are costs that would be spent regardles...View the full answer

Financial Management Core Concepts

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