An American-Supported Invasion of the Bay of Pigs in 1961

question 28

Multiple Choice

An American-supported invasion of the Bay of Pigs in 1961 had as its mission

• A)the assassination of Fulgencio Batista in Cuba.
• B)the return of Chiang Kai-shek to mainland China.
• C)a military coup in support of King Farouk of Egypt.
• D)the overthrow of Fidel Castro in Cuba.
• E)the assassination of Mao Zedong.

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Definitions:

Incremental Cash Flow

Incremental cash flow is the additional cash flow a company receives from taking on a new project or investment, used to assess its profitability.

Sunk Costs

Expenses that have already been incurred and cannot be recovered or changed, and therefore should not influence future decisions.

Sunk Costs

Expenses that have already been incurred and cannot be recovered.

Opportunity Costs

The cost of opting for one choice over another, representing the benefits missed out on when choosing one alternative over another.