Which of the following are a project’s cash inflows

QUESTION

Which of the following are a project’s cash inflows? Ignore any tax effects.
I. increase in accounts payable
II. increase in inventory
III. decrease in accounts receivable
IV. depreciation expense based on MACRS
V. equipment acquisition

I, IV and V onlyI, III, IV and V onlyI and II onlyI, II and III onlyI and III only

ANSWER

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