FNAN 522

FNAN 522: FINAL EXAM ALL EXAM QUESTIONS AND CORRECT ANSWER 2022 1. Since the focus of capital budgeting is cash flows, changes in non-cash accounts such as depreciation and working capital would not be relevant to the analysis. True of false. - CORRECT ANSWER False. 2. The most important advantage of the NPV approach is that it is the most theoretical correct method. True or False. - CORRECT ANSWER True. 3. Relevant financial data for a project are best described as a) EBDT, b) increm...