Question
32. T, F. Capital Budgeting is also known as Capital Outlay Budgeting by Government Agencies. 33. T, F. Capital Budgeting is different from short term
32. T, F. Capital Budgeting is also known as Capital Outlay Budgeting by Government Agencies.
33. T, F. Capital Budgeting is different from short term Investment analysis because of the use of time value of money.
34. T, F. When analyzing a companys long term investment, the use of minimum rate of return when discounting cash inflows and outflows to determine the present value is a very good indicator of its profitability.
35. T, F. The earlier the cash flows of a long-term investment, the lower their present value.
36. T, F. The payback period is the number of periods it takes for net cash inflows from an investment to equal the initial investment.
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