Sunk costs are cash outlays that have already been made and therefore have no effect on the cash flows relevant to the current decision

Indicate whether the statement is true or false

TRUE

Business

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Which statement is false?

a. The factor for the future value of an annuity due is found by multiplying the ordinary annuity table value by one plus the interest rate. b. The factor for the present value of an annuity due is found by multiplying the ordinary annuity table value by one minus the interest rate. c. The factor for the future value of an annuity due is found by subtracting 1.00000 from the ordinary annuity table value for one more period. d. The factor for the present value of an annuity due is found by adding 1.00000 to the ordinary annuity table value for one less period.

Business

There is no time limit for payments due to temporarily debilitating injuries, so payments will always continue.

a. true b. false

Business