Use the Table for the Question(s)below

question 29

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects with cash flows in $:
-The maximum number of IRRs that could exist for project B is:

• A)3.
• B)1.
• C)2.
• D)0.

---

Definitions:

AGI

Adjusted Gross Income (AGI) is a measure of income calculated from your gross income and allows for certain deductions, serving as a basis for calculating taxable income.

Dependent Child

A child who relies on their parent or guardian for more than half of their financial support and meets certain IRS criteria for tax purposes.

Foreign Tax Credit

A tax credit that cannot be refunded for income taxes paid to an external government due to withholdings from foreign income tax.

Foreign Income Taxes

Taxes paid to a foreign government for income earned outside of the taxpayer's resident country.