Given a financial manager's preference for faster receipt of cash ...

[neverstopbelieb]

Given a financial manager's preference for faster receipt of cash flows, ________.
 
  A) a longer depreciable life is preferred to a shorter one
  B) a shorter depreciable life is preferred to a longer one
  C) the manager is not concerned with depreciable life, because depreciation is a noncash expense
  D) the manager is not concerned with depreciable life, because once purchased, depreciation is considered a sunk cost

Question 2

An internal rate of return greater than the cost of capital guarantees that the firm will earn at least its required return.
 
  Indicate whether the statement is true or false

[shoemake]

Answer to Question 1

B

Answer to Question 2

TRUE