Which of the Following Statements Is FALSE

question 62

Multiple Choice

Which of the following statements is FALSE?

• A)The ultimate goal in capital budgeting is to determine the effect on the firm's cash flows of the decision to take a particular project..
• B)To the extent that overhead costs are fixed and will be incurred in any case,they are incremental to the project and should be included in the capital budgeting analysis.
• C)Unlevered Net Income = (Revenue - Costs - Depreciation)× (1 - τc).
• D)Earnings are not cash flows.

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Definitions:

Ligaments

Strong, flexible fibrous connective tissue that connects bones to other bones, providing joint stability.

Sarcomere

One of many units, arranged linearly within a myofibril, whose contraction produces muscle contraction.

Axial Skeleton

Part of the vertebrate skeleton forming the vertical support or axis, including the skull, the rib cage, and the vertebral column.

Ribs

The curved bones which form the rib cage, surrounding the chest enabling lung expansion while protecting thoracic organs.