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CAPITAL BUDGETING

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.
  1. 1. It involves choosing projects that add value to a company.

a)

Capital Gaining

b)

Capital Budgeting

c)

Operating Activities

d)

Financing Activities

2.
  1. 2. It is the potential loss from a missed opportunity-the result of choosing one alternative and forgoing another.

a)

Opportunity Cost

b)

Cost of Debt

c)

Cost of equity

d)

Sunk Cost

3.
  1. 3. The following are the techniques in capital budgeting, EXCEPT:

a)

Net Present Value (NPV)

b)

Internal Rate of Return

c)

Payback Period

d)

Discounted Cash flow

4.
  1. 4. The first step in calculating the NPV is to solve for the Present Value of cash inflows. What is the formula in solving Present Value?

a)

FV/ (1 + n)^k

b)

FV/ (1 + k) ^n

c)

FV (1 + k)^n

d)

FV (1 + n) ^k

5.
  1. 5. What is the most intuitive and accurate valuation approach to capital budgeting problems?

a)

NPV

b)

IRR

c)

Profitability Index

d)

Payback Period

6.
  1. 6. It is a prediction of how much inflow and outflow of cash business will have at any given time.

a)

Operating Activities

b)

Capital Budgeting

c)

Cash Flow Estimation

d)

Risk Analysis

7.
  1. 7. If discount rate is greater than internal rate of return, the NPV is ____?

a)

Positive

b)

Negative

c)

Zero

d)

No Value

8.
  1. 8. What is the risk a company would have of the company had only one project?

a)

Stand-alone Risk

b)

Market Risk

c)

Corporate risk

d)

Bank risk

9.
  1. What is the process of changing one or more variables to determine how sensitive a projects' returns are to these changes?

a)

Scenario Analysis

b)

Sensitivity Analysis

c)

Simulation Analysis

d)

Beta Estimation

10.

This approach involves the determination of what happens to NPV estimates when we ask what-if questions?

a)

Scenario Analysis

b)

Sensitivity Analysis

c)

Simulation Analysis

d)

Beta Estimation