The payback method is used only when the net cash inflows from a capital investment are the same for each period

Agnes has a checking account and she has just received her March bank statement that shows an ending balance of $250. Agnes' records indicate an ending balance of $220

In looking over the data you notice that two checks Agnes wrote totaling $75 had not yet cleared the bank, while a deposit for $40 that she mailed had not been received by the bank. There also was a $5 bank service charge. To adjust her records, Agnes should A) reduce her book balance by $5. B) increase the bank balance by $40. C) call the bank and tell them that their balance is incorrect. D) do nothing, everything seems in good order.

When making replacement decisions, the development of relevant cash flows is complicated when compared to expansion decisions, due to the need to calculate ________ cash inflows

A) conventional B) opportunity C) incremental D) sunk