When calculating the net cash flow in a project's expected final year:

A) recovery of any working capital invested is disregarded.
B) the after-tax salvage value of project equipment is considered.
C) the remaining principal on any borrowed funds is considered.
D) the sales proceeds from any land associated with the project is disregarded.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specific period, indicating its overall liquidity.

Working Capital

The difference between a company's current assets and its current liabilities, representing the short-term financial health and operational efficiency of the business.

Salvage Value

The estimated resale value of an asset at the end of its useful life.