Only the Incremental After-Tax Cash Flows Associated with a Capital

question 110

True/False

Only the incremental after-tax cash flows associated with a capital project are relevant in capital budgeting.

---

Definitions:

Cryptochrome

A class of flavoproteins that are sensitive to blue light and have roles in the circadian rhythms of plants and animals.

Circadian Rhythm

A natural, internal process that regulates the sleep-wake cycle and repeats on each rotation of the Earth roughly every 24 hours.

Thigmomorphogenesis

The growth and developmental changes in plants that result from mechanical stimulation or touch.

Cytokinins

A class of plant hormones that promote cell division and growth, and delay senescence.