In estimating "after-tax incremental operating cash flows" for a project, you should include all of the following EXCEPT:

My answer is option (A) Sunk Costs

Exactly it will be Sunk cost. Sunk cost never be a decision making factor.

a-                                        

 sunk costs

>>>>>>>>>>> The answer will be sunk costs.

Option first is answer <<<<<<<<<<<<<<<<

Except Effect of Inflation rate

I agree with experts

Thank you

Sunk Cost is the Right Ans.

Thank you Emaad Again..