Cash flows for a particular project should be measured on


1. Cash flows for a particular project should be measured on an incremental basis and should consider all the indirect effects of the project. What does this involve?

2. What factors should be considered when estimating a project's NINV?

3. Depreciation is a noncash expense; why is it considered when estimating a project's net cash flows?

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Finance Basics: Cash flows for a particular project should be measured on
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