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Haas School of Business, UC Berkeley Managerial Accounting, Alexander Nezlobin Sample Questions and Solutions for Final Exam Preparation 1. D. We need to know the schedule of future cash flows to compare the net present values of the two projects. 2. D. We need to know the cost of capital and the pattern of cash flows from the project. The excess cash can be returned to shareholders (e.g., as dividends) if there are no positive NPV projects available. 3.2018 500