Which of the Following Statements Is FALSE

question 59

Multiple Choice

Which of the following statements is FALSE?

• A)The terminal or continuation value of the project represents the market value (as of the last forecast period)of the free cash flow from the project at all future dates.
• B)The incremental effect of a project on the firm's available cash is the project's free cash flow.
• C)(1 - τc)× Depreciation is called the depreciation tax shield.
• D)To evaluate a capital budgeting decision,we must determine its consequences for the firm's available cash.

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Definitions:

Irrelevant

Not related or pertinent to the matter at hand; off-topic or extraneous.

Promise Academy

A charter school or educational institution often focused on providing high-quality education and resources to underserved communities.

Impoverished Urban Area

A part of a city characterized by poverty, inadequate living conditions, and often a lack of access to basic services.

Charter Schools

Publicly funded independent schools established by teachers, parents, or community groups under a charter with a local or national authority.