Which of the following statements is FALSE?
A) When evaluating a capital budgeting decision, the correct tax rate to use is the firm's average corporate tax rate.
B) To determine the capital budget, firms analyze alternative projects and decide which ones to accept through a process called capital budgeting.
C) A new product typically has lower sales initially, as customers gradually become aware of the product.
D) Sunk costs have been or will be paid regardless of the decision whether or not to proceed with the project.
A
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All factors in a future value table must be less than or equal to 1.000
Indicate whether the statement is true or false
In Fresenius Medical Care Holdings v. Tucker, where a Florida law prohibited physicians from having a significant financial interest in businesses to which patients were referred, the appeals court held that:
a. the district court failed to ask whether the defendant has been deprived of a protected liberty or property interest and to ask whether the deprivation occurred without due processs b. district court failed to ask whether the plaintiff has been deprived of money and to ask whether the deprivation occurred without equal process c. the law did not violate equal protection under the 14th amendment as it applies to physicians and non- physicians d. the law survives a rational basis review and does not deprive physicians of substantive due process e. none of the other choices are correct