21. All of the capital budgeting methods use cash flow except the

a. cash payback method.

b. annual rate of return method.

c. internal rate of return method. d. profitability index method.

23. The primary discounted cash flow technique is the

a. Annual rate of return method.

b. Cash payback method.

c. Net present value method. d. None of the above.

25. If capital investment is $120,000 and equal annual cash inflows are $30,000, the internal rate of return factor is

a. 25.0.

b. 4.0.

c. 5.0.

d. .25.