When estimating the cash flows on a given project, firms should include expenses from previous years, such as research & development costs.   -True -False

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter9: Capital Budgeting And Cash Flow Analysis
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When estimating the cash flows on a given project, firms should include expenses from previous years, such as research & development costs.
 
-True
-False
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