Especially for Projects with Long Lives, Estimation of Revenues (Or

question 81

Multiple Choice

Especially for projects with long lives, estimation of revenues (or benefits) , costs, and cash flows is a difficult task principally because of:

• A) The lack of good data.
• B) Uncertainty about future events.
• C) The large dollar amounts involved.
• D) Income tax effects.
• E) Lack of available forecasting tools.

Identify cities with the largest African-American populations as of 2004.

Understand the identification of American Hispanics as blacks in terms of percentages.

Know the percentage of blacks in the total American population as of 2000.

Distinguish between settlement patterns of black American subgroups.

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Definitions:

Optimal Capital Structure

The most favorable mix of debt and equity financing that minimizes the cost of capital and maximizes the value of the firm.