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  3. which of the following is not a relevant cash flow

Which of the following is NOT a relevant cash flow and thus should not...

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Accounting

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. Shipping and installation costs.
c. Sunk costs that have been expensed for tax purposes.
d. Changes in net working capital.
e. Opportunity costs. just give me logic not the answer itself

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