For each of the capital budgeting methods listed below, place an X in the correct column, indicating the measurement basis of each, the ability to make comparison among projects, and whether each method reflects or ignores the time value of money. 
Definitions:
Marginal Tax Rate
Marginal Tax Rate is the rate at which the last dollar of income is taxed, indicating the percentage of tax applied to your income for each tax bracket in which you qualify.
Total Income
The sum of all earnings and other forms of income received by an individual or entity over a period of time.
Average Tax Rate
The percentage of total income that is paid in taxes.
Marginal Tax Rate
The percentage of tax applied to your next dollar of income, indicating the rate at which your last dollar earned is taxed.
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