The economic service life of a project is best described as _____________________? a. Another term for the analysis period of a benefit-cost analysis. b. The number of years for which depreciation is on-going for an asset. c. The present worth of the project after taxes. d. The amount of time (usually in years) that an asset should be used to achieve the smallest annual cost of operation.

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter11: Cash Flow Estimation And Risk Analysis
Section: Chapter Questions
Problem 7MC: Calculate the project cash flows for each year. Based on these cash flows and the average project...
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The economic service life of a project is best described as _____________________?

a. Another term for the analysis period of a benefit-cost analysis.
b. The number of years for which depreciation is on-going for an asset.
c. The present worth of the project after taxes.
d. The amount of time (usually in years) that an asset should be used to achieve the
smallest annual cost of operation.

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