The Statement "We've Got Too Much Invested in That Project

question 58

Multiple Choice

The statement "We've got too much invested in that project to pull out now" possibly illustrates the need to:

• A)switch to another CCA method.
• B)be reacquainted with the concept of sunk costs.
• C)reduce net working capital assigned to the project.
• D)reduce discount rates to improve NPV.

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