Question

A proposed capital budgeting project has initial cash outflows, followed by cash inflows, which are then followed by more cash outflows. We call these types of cash flows: Group of answer choices non-normal cash flows. normal cash flows. None of these are correct. reflective cash flows. mutually-exclusive cash flows.

Answer 1

a. Non-normal cash flow

Step-by-step explanation:

Non-normal cash flows are also called as unconventional cash flows and it consist of cash-flow patterns that changes direction more than once.