Ch. 10 - Question 1 0 out of 10 points If a firm is subject...

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Question 10 out of 10 pointsIf a firm is subject to capital rationing, it has only a fixed number of dollars available for capital expenditures, and numerous projects compete for these dollars.
Question 210 out of 10 pointsTo increase its production capacity, a firm is considering: 1) to expand its plant, 2) to acquire another company, or 3) to contract with another company for production. These three projects would appear to be good examples of independent projects.
Question 310 out of 10 pointsThe payback period is generally viewed as an unsophisticated capital budgeting technique, because itdoes not explicitly consider the time value of money by discounting cash flows to find present value.

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