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johnpaech johnpaech
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Posts: 1098
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6 years ago
Which of the following statements is FALSE?
A) The ultimate goal in capital budgeting is to determine the effect of the decision to take a particular project on the firm's cash flows.
B) To the extent that overhead costs are fixed and will be incurred in any case, they are incremental to the project and should be included in the capital budgeting analysis.
C) Unlevered Net Income = (Revenue - Costs - Depreciation) × (1 - τc).
D) Earnings are not cash flows.
Textbook 
Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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wrote...
6 years ago
B
johnpaech Author
wrote...
5 years ago
Thanks for helping with my corporate finance course
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