Question 1 (1 point) The Payback method calculates how long it will take for future cash inflows to pay for the initial cost of the project True False Question 2 (1 point) When using the Simple Rate of Return method the average annual cash flows is reduced by annual depreciation expense True False Question 3 (1 point) If the Net Present Value method results in a negative present value, the company will lose money on the proiect and should not do it