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Given the following statement please indicate whether it is

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1. Given the following statement, please indicate whether it is true or false, and why: "Sunk should be included as relevant in computing a project's incremental cash flows." (Limit your answer to less than 100 words)

2. Given the following statement, please indicate whether it is true or false, and why: "An increase in the average payment period will result in an increase in the operating cycle and in the cash conversion cycle." (Limit your answer to less than 100 words.)

Reference no: EM13483419

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