Please mark if the following statements are true or false. True False 3 1 If the depreciation increases, the taxable income increases too. 2 If the nominal interest rate per year is 24%, whatever the compounding period is, the effective interest rate can't be greater than 28% NOPAT is the money remaining as a result of capital invested during the year; amount left before taxes are paid. 4 Depreciation Expense reflects an allocation of an asset's original cost rather than an allocation based on the economic value that is being consumed. 5 Land is a common example of the assets which is depreciated. 6 Depreciation should be provided only where the company can show some profit in a financial year. 7 Replacement method is a method of depreciation. 8 The alternative selection in payback analysis maybe different than the PW analysis. 9 If conventional B/C ratio is greater than 1, then modified B/C ratio should always be positive. 10 Economic service life (ESL) refers to the asset retention time that yields its lowest equivalent AW