1.The company's minimum rate of return is also referred to as its profit margin.

2.Only quantitative data are used in the capital investment decision-making process.

3.The payback period is based on a net present value of cash flows.

4.The most commonly used methods in evaluation of capital investment proposals are net present value method, payback period method, and the accounting rate-of-return method.

5.Capital investment analysis is also known as capital budgeting.

6.Availability of funds is not a criterion for deciding on capital investment proposals.

7.The salvage value of an old asset in a machine replacement decision is irrelevant.

TRUE OR FALSE