1. Which one of the following methods of analysis is most appropriate to use when the project has unconventional cash flows? a. Internal rate of return b. Profitability index c. Net present value d. Average accounting return

2. A debt-free firm has net income of $107,800, zero interest expense, taxes of $38,700, and depreciation of $19,300. What is the operating cash flow? a. $88,000 b. $123,500 c. $127,100 d. $126,700