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Posted: July 6th, 2021

which of the statements is TRUE

which of the statements is TRUEa sunk costs reduce a project’s incremental cash flowsb whenever a new product reduces sales of the same company’s existing products, erosion costs are incurredc increases in working capital accounts at the end of a project represent a recovery of earlier costsd opportunity costs associated with a proposed project increase sales of a firm’s existing products

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