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One important benefit of simulation analysis as compared to scenario analysis, is that once the analy D. clear accept/reject decision rule. E. Answers c and
One important benefit of simulation analysis as compared to scenario analysis, is that once the analy D. clear accept/reject decision rule. E. Answers c and d are both correct. QUESTION 6 The financial staff's role in the forecasting process includes all of the following except A. coordinating the efforts of other departments, such as engineering and marketing. B. ensuring that everyone involved in the forecasts uses a consistent set of economic assumptions. C. making sure that no biases are inherent in the forecasts. D. determine the appropriate discount rate for cash flows. E. none of the above. QUESTION 7 A firm is evaluating a new machine to replace an existing, older machine. The old (existing) machine is being de whereas the new machine's depreciation will be $18,000. The firm's marginal tax rate is 30 percent. Everything el
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