Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting project?

A. Changes in net operating working capital.
B. Shipping and installation costs for machinery acquired.
C. Cannibalization effects.
D. Opportunity costs.
E. Sunk costs that have been expensed for tax purposes.


Answer: E

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The model was entered into an Excel spreadsheet and the table below shows part of the answer report. Provide an interpretation

Constraints Cell Name Cell Value Formula Status Slack $F$8 Lawyers 1358.906273 $F$8<=$I$8 Not Binding 3641.093727 $F$9 Guns 2573.031361 $F$9<=$I$9 Not Binding 7426.968639 $F$10 Money 2523.937562 $F$10<=$I$10 Not Binding 12476.06244

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Answer the following statement(s) true (T) or false (F)

For-profit enterprises have yet to make significant contributions to the world of social entrepreneurship.

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The salary of five employees is listed below. $34,500; $45,000; $50,000; $40,000; $70,000 What is the mean salary?

A) $35,500 B) $47,900 C) $199,000 D) $239,500

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Narrative 11-2 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest

hundredth of a percent) Refer to Narrative 11-2. In 30 months, Cover Homes, a real estate developer, is planning to buy 25 acres of land, each acre costing $12,500. How much should Cover invest now at 6% interest compounded quarterly in order to have sufficient funds to buy the land?

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