Can you answer questions 1,2,3,4,5?

1) What is the best definition of an opportunity cost? a) Sunk cost b) Erosion c) The most valuable investment alternative given up if a particular investment is undertaken d) Net working capital e) Cost to prepare pro forma financial statements 2) What is considered a relevant cash flow for a project? a) A change in the Firm's overall future cash flows that comes about as a direct consequence of a decision to take on that project b) A cash flow for project evaluation consists of any and all changes in the firm's future cash flows with a project that are a direct consequence of taking on t project c) Capital gains from disposal d) Sunk cost e) Cannibalization of other projects 3) What are some common pitfalls when looking at incremental cash flows? a) Not including sunk costs b) Including opportunity costs c) Including financing costs d) Not including side effects of doing the deal e) All of the above 4) An example of erosion when taking on a new project would be? a) Trustco Bank opening a branch in Guilderland next to a Bank of America branch b) Disney adding a new park in Shanghai which would erode or cannibalize Hong Kong Disney and Tokyo Disney revenues c) Tides at a beach moving sand to another location d) Home Depot purchasing a chain of hardware stores in a locale that it doesn't exist e) All of the above 5) What are pro forma financial statements? a) Financial statement projecting future years operations b) Working capital summaries c) Changes to working capital d) The three components of a cash flow statement e) All of the above