29. The weighted average cost of capital for a firm is also dependent upon the firm's: I. depreciation rate. II. liquidity ratio. III. tax rate. IV. price earning ratio. V. interest payment.

II and IV only

I, II, and IV only

I and III only

III and V only

I, III, and IV only

30. Which of the following will decrease the net present value of a project?

I. increasing the value of each of the project's discounted cash inflows II. moving each of the cash inflows forward to a sooner time period III. decreasing the required discount rate IV. decreasing the project's initial cost at time zero V. decreasing the amount of the final cash inflow

III, IV and V only

I, II, III and IV only

II and V only

V only

I only

31. Which of the following is/are true for the average accounting return method of project analysis?

I. no time value of money considerations II. does not needof a cutoff rate III. easily obtainable information for computation IV. based on cash flow and book value of asset

I, II, and IV only

I and III only

I only

I, II, III, and IV

III and IV only