Sunk costs are A) not deductible for tax purposes. B) not relevant in capital budgeting. C) ...

Author Question: Sunk costs are A) not deductible for tax purposes. B) not relevant in capital budgeting. C) ... (Read 103 times)

magmichele12

Hero Member
Posts: 559

on: Jul 10, 2018

Sunk costs are

A) not deductible for tax purposes. B) not relevant in capital budgeting.
C) incremental. D) recoverable.

Question 2

If a project has multiple internal rates of return, the lowest rate should be used for decision-making
purposes.

Indicate whether the statement is true or false

Foundations of Finance ¦ Keown, Petty, Martin ¦ 9^th Edition

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voltaire123

Sr. Member
Posts: 301

Reply #1 on: Jul 10, 2018

Answer to Question 1

B

Answer to Question 2

FALSE

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