If a firm accepts Project A it will not be feasible to also accept Project B because both projects would require the simultaneous

If a firm accepts Project A it will not be feasible to also accept Project B because both projects would require the simultaneous and exclusive use of the same piece of machinery. These projects are considered to be:    A.  independent. B.  interdependent. C.  mutually exclusive. D.  economically scaled. E.  operationally distinct. Refer to section 9.5

10.	The present value of an investment's future cash flows divided by the initial cost of the investment is called the:    A.  net present value. B.  internal rate of return. C.  average accounting return. D.  profitability index. E.  profile period. Refer to section 9.6

11.

A project has a net present value of zero. Which one of the following best describes this project?    A.  The project has a zero percent rate of return. B.  The project requires no initial cash investment. C.  The project has no cash flows. D.  The summation of all of the project's cash flows is zero. E.  The project's cash inflows equal its cash outflows in current dollar terms. Refer to section 9.1

12.

Which one of the following will decrease the net present value of a project?    A.  increasing the value of each of the project's discounted cash inflows B.  moving each of the cash inflows forward to a sooner time period C.  decreasing the required discount rate D.  increasing the project's initial cost at time zero E.  increasing the amount of the final cash inflow Refer to section 9.1