Question 9 (1 point) Saved Which of the following statements is FALSE about the IRR? None, as all of the statements are true. The IRR should be compared to other projects or a target discount rate with similar risk profile when determining the worthiness of a project. Both the IRR and NPV method will always give you the same decision regarding investment. Projects with an IRR below the target discount rate should be rejected. The Internal Rate of Return (IRR) is a discount rate that makes the present value of estimated cash flows equal to the initial investment. Question 21 (1 point) Which statement is true regarding CCA of an equipment? If class rate is 30%, then UCC at the end of the year is always larger than CCA of the year. UCC at the begining of the year is always larger than UCC at the end of the year. In the year of disposition, proceeds of disposition of an equipment should always be equal to UCC of the previous year. In year 1 of acquisition, CCA is calculated as the product between class rate and the cost of acquisition of the equipment. Question 23 (1 point) Which situation does not require the use of absolute referencing when writing a formula that will be copied in multiple cells: when forcasting sales for the next 5 years based on an estimated growth rate stored in cell G1 when calculating final grades for students using a VLOOOKUP table when calculating CCA values in CCA column of a CCA spreadsheet when calculating principal payments for a loan Question 25 (1 point) Which statement is true about GST If GST payable (owning) is negative, it means that the company will receive money back from CRA. GST collected is calculated as 5% of applicable expenses. GST paid is money collected by the company that will have to be returned to CRA. GST payable (owning) is calculated as 5% of sales