D Question 11 1 pts Which of the following is true about capital budgeting. The large capital investments can be reversed at any time. It allows the firm's management to analyze potential business opportunities and decide on which ones to undertake to benefit bondholders and preferred stock holders. It involves identifying projects that will add to the firm's value. It involves large capital investments that benefit the managers of the firm. It involves identifying projects that will add to the bond holder's value. D Question 12 1 pts Independent projects: do not compete with each other none of the answers is correct can be mutually exclusive under certain conditions always have negative NPVS do compete with each other