A project with financing type cash flows is typified by a project that has which one of the following characteristics?

A project with financing type cash flows is typified by a project that has which one of the following characteristics?    A.  conventional cash flows B.  cash flows that extend beyond the acceptable payback period C.  a year or more in the middle of a project where the cash flows are equal to zero D.  a cash inflow at time zero E.  cash inflows which are equal in amount Refer to section 9.5

38.

Which of the following statements generally apply to the cash flows of a financing type project? I. nonconventional cash flows II. cash outflows exceed cash inflows prior to any time value adjustments III. cash for services rendered is received prior to the cash that is spent providing the services IV. the total of all cash flows must equal zero on an unadjusted basis    A.  I only B.  I and III only C.  II and IV only D.  I, II, and III only E.  I, II, III, and IV Refer to section 9.5

39.

Which one of the following statements is correct in relation to independent projects?    A.  The internal rate of return cannot be used to determine the acceptability of a project that has financing type cash flows. B.  A project with investing type cash flows is acceptable if its internal rate of return exceeds the required return. C.  A project with financing type cash flows is acceptable if its internal rate of return exceeds the required return. D.  The net present value profile is upsloping for projects with both investing and financing type cash flows. E.  Projects with financing type cash flows are acceptable only when the internal rate of return is negative. Refer to section 9.5

40.	The profitability index is most closely related to which one of the following?    A.  payback B.  discounted payback C.  average accounting return D.  net present value E.  modified internal rate of return Refer to section 9.6