When projecting future cash flows of an investment ________.
a. cash inflows and outflows are treated separately, rather than being netted together
b. cash flows are projected by accounting personnel without considering input from other departments
c. cash flows includes depreciation
d. the initial investment is a significant cash outflow that is treated separately from all other cash flow?
When projecting future cash flows of an investment the initial investment is a significant cash outflow that is treated separately from all over cash flow. This is not cash that flows into the business but cash used to prop the business up to begin it.