QUESTION 5 Deciding which product markets to enter is a capital budgeting decision. True False QUESTION 6 For the purpose of performing capital budgeting analysis, cash flows must be after-tax. True False QUESTION 7 IRR uses an arbitrary cutoff number in its decision rule. True False Question 8 - A payback period that is less than the required period signals an accept decision. True False Question 9- The payback calculation takes the time value of money into account. True False Question 10 - A company is considering a new four-year project with an initial investment requirement of $72,001. The equipment belongs in a 30% CCA class and will be worthless at the end of the project. Sales are estimated at $136,800 with costs of $87,901. The tax rate is 34%. What is the project OCF in the second year? A. $41,406 B. 30,900 C. 20,394 D. 38,516 E. 28,506