t turnover is the ratio of 44. The investment a) Income for operations to sales b) Sales to invested assets. c) Assets to liabilities. d) Income from operations to liabilities. 45.True/False: Opportunity cost is the amount of increase or decrease 46. True/False: A cost that will NOT be affected by later decisions is 47.The amount of income that would result from an alternative use of in cost that would result from the best available alternative proposed use of cash. termed a sunk cost. cash is called: a) Differential income. b) Sunk cost. c) Differential revenue. d) Opportunity cost 48.True/False: The process by which management plans, evaluates, and controls long-term investment decisions involving fixed assets is called capital investment analysis. The methods of evaluating capital investment proposals can be 49. separated into two general groups-present value me thods and: Past value methods. b) Straight-line methods. c) Reducing value methods. a) d) Methods that ignore present value (e.g. average rate of return and cash payback method). 50. True/False: The process by which management allocates available investment funds among competing capital investment proposals is termed capital rationing