Quantification of costs and benefits means Select one:

b. Disregard the assumptions in Part a. What is the depreciable basis? What are the annual depreciation expenses? c. Calculate the annual sales revenues and costs (other than depreciation). Why is it important to include inflation when estimating cash flows? d. Calculate annual net operating profit after sales (NOPAT). Then calculate the operating cash flows.

In Hong Kong, Which of the following statement(s) is/are true? 1) Conputation and assessment of customer's cumulative asset concentration should be performed accurately and adequately. 2) customer's concentration assessment is not required for selling low risk investment fund. 3) customer's lisbilities should be taken into consideration. 4) the assessment of customer's concentration is performed during the investment account opening process. A. 1 and 2 B. 1 and 3 C. 2 and 3 D. all of the above

How can we show mathematically that the two approaches cash flow from operation and net income are identical?

An advantage that money has over other assets is that it: Answer a. Provides a higher return to the owner b. Is a safer asset to hold during times of inflation c. Increases in value over time d. Has lower transaction costs to use as a means of payment than other assets

This can occur when a selection among mutually exclusive alternatives is based wrongly on maximization of IRR on the total cash flow. O a. Investment errors O b. Ranking errors Ос. Incremental errors Od. Alternative errors

If the accounting rate of return exceeds the required accounting rate of return, O A. invest in the capital asset. B. only invest if the payback period is also less than the required rate of return. O C. do not invest in the capital asset. OD. only invest if the payback period is also greater than the required rate of return.

Which of the following is NOT a limitation of the payback rule? O It does not consider cash flows occurring after the payback period. O Lacks a decision criterion that is economically based. O It does not consider the time value of money. O It is difficult to calculate.