Outdoor Sports is also considering adding a new chipping range to its facility. Which of the following are relevant cash flows for this project?  I. revenue from the new chipping range    II. increased projected sales of Titleist pitching wedges, which can be directly connected to the new chipping range  III. the cost of a market survey to find out if customers would be interested in a chipping range  IV. decreased projected sales of last year's Big Bertha drivers because the new Big Bertha drivers will soon go on sale   Group of answer choices I, II, and IV only I and III only I, II, and III only I and IV only I and II only

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Question 13

Outdoor Sports is also considering adding a new chipping range to its facility. Which of the following are relevant cash flows for this project?


 I. revenue from the new chipping range  
 II. increased projected sales of Titleist pitching wedges, which can be directly connected to the new chipping range
 III. the cost of a market survey to find out if customers would be interested in a chipping range
 IV. decreased projected sales of last year's Big Bertha drivers because the new Big Bertha drivers will soon go on sale  

Group of answer choices

I, II, and IV only

I and III only

I, II, and III only

I and IV only

I and II only

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