Author Question: Which project should be chosen on the basis of the normal NPV approach? (See Table 11.11 ) A) ... (Read 88 times)

meagbuch · **on:** Jul 10, 2018

Which project should be chosen on the basis of the normal NPV approach? (See Table 11.11 )

A) Project A because its NPV is higher
B) Project B because its NPV is higher
C) Project A because its IRR is higher
D) Project B because its IRR is higher

Question 2

Which of the following is true of a partnership and a corporation?

A) In a corporation, income is taxed at the corporate level; whereas, in a partnership, income is taxed twice.
B) In a partnership, income is taxed at the corporate level; whereas, in a corporation, income is taxed twice.
C) Income from both forms of organizations are double-taxed.
D) In a partnership, income is exempted from tax up to 10 million; whereas, in a corporation, income is taxed twice.