TB-Chapter11
摘要:CHAPTER11CASHFLOWESTIMATIONANDRISKANALYSIS(Difficulty:E=Easy,M=Medium,andT=Tough)MultipleChoice:ConceptualEasy:Relevantcashflows1.Answer:dDiff:EWhichofthefollowingstatementsismostcorrect?a.Therateofdepreciationwilloftenaffectoperatingcashflows,eventhoughdepreciationisnotacashexpense.b.Corporationsshouldfullyaccountforsunkcostswhenmakinginvestmentdecisions.c.Corporationsshouldfullyaccountforopportunitycostswhenmakinginvestmentdecisions.d.Statementsaandcarecorrect.e.Allofthestatementsabovearecorrect.Relevantcashflows2.Acompanyisconsideringanewproject.Thecompany’sCFOplanstocalculatetheproject’sNPVbydiscountingtherelevantcashflows(whichincludetheinitialup-frontcosts,theoperatingcashf
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