?Which of the following statements is true when a project's discounted payback is less than its useful life?
A. ?The terminal value of the future cash flows that the project is expected to generate is less than the future value of the initial cost of the asset.
B. ?The future cash flows that the project is expected to generate are less than the initial cost of the asset.
C. ?The present value of the future cash flows that the project is expected to generate exceeds the initial cost of the asset.
D. ?The future value of the cash flows from the resale of the asset acquired for the project is expected to exceed the initial cost of the asset.
E. ?The cost recovery from the project is expected to exceed the maximum cost-recovery time established by the firm.
Answer: C
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a. After cost of sales, the income statement typically shows deductions for other expenses associated with operations (other operating expenses). b. Many firms present a subtotal called operating income or operating profit, the difference between revenues and expenses associated with core operating activities. c. two common types of operating expenses are selling, general, and administrative expenses (SG&A) and research and development expenses (R&D). d. all of the above e. none of the above
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What will be an ideal response?
The following balance sheet information is provided for Gaynor Company: AssetsYear 2 Year 1Cash$2350? $1600? Accounts receivable 15,100? 13,100? Inventory$25,500? $33,000? Assuming Year 2 cost of goods sold is $111,000, what is the company's inventory turnover?
A. 4.35 times B. 3.36 times C. 3.79 times D. None of these answers is correct.
In New York Times v. Tasini the Supreme Court held that electronic publication of copyrighted works infringed on the owner of the copyrights property
a. True b. False Indicate whether the statement is true or false